China's Ministry of Finance announced on Friday that it successfully issued euro-denominated sovereign bonds worth 5 billion euros (about 5.7 billion U.S. dollars) in Luxembourg on Thursday.
Five-year bonds with a yield of 2.768 percent were sold for 2.5 billion euros, eight-year bonds with a yield of 2.966 percent raised 1.5 billion euros, and 12-year bonds with a yield of 3.212 percent netted 1 billion euros, the ministry said in a statement on its website.
The bonds were warmly received by the market with international investors subscribing enthusiastically, according to the statement, which said that total investor subscriptions reached 24.8 billion euros, nearly 5 times the issuance amount.
China issued euro-denominated sovereign bonds in Luxembourg for the first time in November 2025.
China issues 5 billion euros of sovereign bonds in Luxembourg
Hong Kong stocks rallied on Friday, as robust performance in the technology and real estate sectors offset weakness in energy and consumer staples, according to a market analyst.
The benchmark Hang Seng Index rose 0.52 percent to 24,186.83 points, while the Hang Seng Tech Index jumped 1.16 percent to 4,108.24 points. The Hang Seng China Enterprises Index edged up 0.31 percent to 8,128.25 points.
Despite the positive close, Timothy Pope, a market analyst at China Global Television Network (CGTN), noted that the market relinquished some of its early intraday momentum after briefly surging more than 1.3 percent.
"The Hang Seng closed 0.5 higher, although that was well down from its earlier gains of more than 1.3 percent. Real estate stocks did reasonably well in Hong Kong today, as they did on the Chinese mainland. But apart from that, the picture was a little different. Energy shares were down, along with some consumer staples. Consumer discretionary stocks, like sportswear makers Anta and Li-Ning, performed pretty well, as did the PC maker Lenovo. Innovative pharmaceutical companies were also finding favor with investors. BeOne Medicines gained more than 4 percent," said Pope.
Hong Kong stocks rally as tech, real estate offset energy, staples weakness: analyst
