Companies

Lock-up shares worth 95.62 bln yuan to become tradable

Xinhua News,BEIJING
2020-09-21 10:40

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BEIJING, Sept. 21 (Xinhua) -- Lock-up shares worth about 95.62 billion yuan (about 14.15 billion U.S. dollars) will become eligible for trade on China's bourses in the coming week.

The volume is up 760.57 percent week on week, according to data from financial information provider Wind.

About 7.32 billion shares from 42 listed companies will be freed up for trading from Sept. 21 to 27.

Under China's stock market rules, major shareholders must wait for one to two years before they are permitted to sell their shares.
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