China's stock market will see the lifting of lock-up restrictions on shares worth around 25.1 billion yuan (3.95 billion U.S. dollars) in the coming week.
About 1.94 billion shares in 30 companies will become tradable on the Shanghai and Shenzhen bourses from Sept. 21. Under China's market rules, major shareholders of non-tradable stocks are subject to a one or two year lock-up period.
Jiangsu Zhongtian Technology Co.,Ltd. will see non-tradable shares worth around 2.5 billion yuan become tradable in Shanghai on Sept. 24, the largest amount to hit the market next week.
Chinese stocks have fluctuated wildly this week, dropping nearly 4 percent on Tuesday and rising almost 5 percent on Wednesday.
The major Shanghai index suffered big losses after plummeting around 40 percent since hitting a peak on June 12, and it has lost all of its gains since the beginning of the year.
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