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.
