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China’s First 30-Year Special Treasury Bond Halted Twice in Trading Debut as Price Surges
Published on: 2024-05-23
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Trading in China’s first 30-year special treasury bond was suspended twice after it repeatedly hit daily limits on its secondary market debut, stock exchange announcements said.

The 40 billion yuan ($5.6 billion) bond became available for trading on the Shanghai and Shenzhen bourses on Wednesday after its initial issuance last week.

On the Shanghai Stock Exchange, the bond surged past the 10% initial daily limit shortly after opening, triggering a 30-minute trading suspension.



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