China's ultralong-term bonds see price swings, new trading halt

14% drop Thursday prompts suspension in Shenzhen, day after strong debut

20240523N Shenzhen exchange

Prices on the new special bonds fell 14% early on May 23 from the previous day's close. (Photo by Noriko Okemoto)

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- The Shenzhen Stock Exchange halted trading briefly on China's new ultralong-term special government bonds Thursday morning for the second day in a row amid strong price movements.

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