The accuracy and resolution of the marine gravity field derived from multisatellite altimeter data sets mainly depend on the corresponding range precision and spatial distribution. Here, we preliminarily investigate the performance of HY-2A altimeter data by analyzing cross-mission sea surface height discrepancies with SARAL/AltiKa and calculating correlation coefficients with respect to tide gauge measurements. We also explore the improved range precision that can be achieved using a two-pass weighted least squares retracker which was proposed for the purpose of optimal gravity field recovery. Firstly, both the exact repetitive mission and the geodetic mission for HY-2A provide new track orientations and different data coverage for recovering the marine gravity field, and these dense geographical distributions are more greatly attributed to the geodetic mission in recent years. Secondly, HY-2A provides reliable sea surface height measurements based on exterior verifications by SARAL/AltiKa geophysical data records and tide gauge measurements, although the accuracy level is slightly lower than SARAL/AltiKa. Another more exciting finding is that the statistics of along-track sea surface heights in one-second intervals show that the two-pass retracking does further improve the range precision by a factor of 1.6 with respect to 20 Hz retracked results in sensor data records. In conclusion, the HY-2A mission can substantially improve the global accuracy and resolution of the marine gravity field and will reveal new tectonic features such as microplates, abyssal hill fabric, and new uncharted seamounts on the ocean floor.