---
title: "Fiscal Budget 2026 | Chan Mo-po: Launching Bond Electronic Trading Platform in the Second Half of the Year"
description: "The \"Fiscal Budget 2026\" was announced, and the Financial Secretary Paul Chan stated that an electronic bond trading platform will be launched in the second half of the year to further consolidate Hon"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276831736.md"
published_at: "2026-02-25T04:31:21.000Z"
---

# Fiscal Budget 2026 | Chan Mo-po: Launching Bond Electronic Trading Platform in the Second Half of the Year

> The "Fiscal Budget 2026" was announced, and the Financial Secretary Paul Chan stated that an electronic bond trading platform will be launched in the second half of the year to further consolidate Hong Kong's position as a global fixed income center. The government issued tokenized bonds last year, totaling HKD 10 billion, and will continue to issue them regularly. The Hong Kong Monetary Authority will encourage more digital bonds to be issued in Hong Kong through the "Digital Bond Financing Scheme," while also collaborating with the Hong Kong Stock Exchange to study the establishment of a multi-asset trading post-security infrastructure to enhance market liquidity and risk management

The "Fiscal Budget 2026" was released today (25th), and the Financial Secretary Paul Chan stated that the Hong Kong Securities and Futures Commission and the Monetary Authority announced the "Roadmap for the Development of Fixed Income and Money Markets" last year. The two agencies are actively implementing the roadmap, including promoting primary market issuance, enhancing secondary market liquidity, and expanding offshore RMB business. An electronic bond trading platform will also be launched in the second half of the year, further consolidating Hong Kong's position as a global fixed income and currency center.

Additionally, he pointed out that the government issued tokenized bonds for the third time in the fourth quarter of last year, with a total amount of HKD 10 billion, making it the largest in the world at that time. It also introduced a tokenized central bank currency settlement option, laying the foundation for future integration with other forms of digital currency. The government will continue to issue tokenized bonds regularly, and the Monetary Authority will encourage more digital bonds to be issued in Hong Kong through the "Digital Bond Financing Scheme."

He also mentioned that the Hong Kong Monetary Authority's (HKMA) Fast Clearing and the Hong Kong Stock Exchange (388) have begun research to establish a one-stop multi-asset trading post-settlement infrastructure, covering stocks and bonds between the mainland and Hong Kong, to facilitate cross-product and cross-regional collateral interoperability, which will help enhance market liquidity and participants' risk management.

To facilitate investors in holding securities through the Central Moneymarkets Unit (CMU) for global asset allocation, he stated that Fast Clearing is actively connecting multiple regional central securities depository platforms. The Central Bank of the United Arab Emirates has become a CMU member, and the CMU will also initiate a network with Switzerland's SIX, and for the first time, launch post-trade services for stock transactions, allowing investors to manage diversified asset portfolios more efficiently

### Related Stocks

- [00388.HK - HKEX](https://longbridge.com/en/quote/00388.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Space Group Terminates Restructuring as HKEX Cancels Listing | Space Group Terminates Restructuring as HKEX Cancels Listing | [Link](https://longbridge.com/en/news/276832839.md) |
| SFC moves to freeze assets of 3 insider traders who have left Hong Kong | The Securities and Futures Commission (SFC) has obtained court orders in Hong Kong and the UK to freeze HK$4.3 million i | [Link](https://longbridge.com/en/news/276832168.md) |
| Larsen and Toubro executes business transfer agreement for e-commerce platform | Larsen and Toubro executes business transfer agreement for e-commerce platform | [Link](https://longbridge.com/en/news/276719913.md) |
| Aarvi Encon Publishes Postal Ballot and E-Voting Details for Shareholders | Aarvi Encon Ltd. has announced the dispatch of its postal ballot notice and remote e-voting details to shareholders, com | [Link](https://longbridge.com/en/news/276322903.md) |
| Spain launches a syndicated 30-year bond, lead manager says | Spain launches a syndicated 30-year bond, lead manager says | [Link](https://longbridge.com/en/news/276706826.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.