China's stock exchange-traded T-bonds ended up Thursday on investors' rising expectations for monetary loosening. The Government Bond Index on the Shanghai Stock Exchange (SSE) closed up 0.09 percent at 144.03 points.
Turnover swelled 229.33 percent to 780.52 million yuan. Traders expected that due to lower-than-expected macro-economic data in April, the central bank might churn out more monetary easing policies to boost the country's weak economy, which further fueled up bond players' trading sentiment and thus drove up bond prices.
SSE Corporate Bond Index ended up 0.03 percent at 186.91 points Thursday. Turnover withered 12 percent to 1.1 billion yuan. SSE-quoted convertibles gained across the board on Thursday. Shanghai Composite Index gained 1.87 percent to close at 4,529.42 points on the same day.
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