China's Ultra-Long Treasury Bonds Soar on Debut

China's inaugural ultra-long special treasury bonds surged over 13% on the Shanghai Stock Exchange at their debut, prompting a temporary trading suspension due to abnormal fluctuations. The exchange advised investors to maintain rationality during this period.

China's first batch of ultra-long special treasury bonds jumped more than 13% on the Shanghai Stock Exchange on the trading debut, triggering a trading suspension.

The exchange said in a statement that trading of the bonds had been suspended for half an hour until 10 a.m. (0200 GMT) because of "abnormal fluctuations," urging investors to be rational.

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