Locked-up shares worth about 7.03 billion yuan (1.04 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week.
About 437 million shares from 21 companies will become tradable on the exchanges from Oct. 17 to 21, according to RoyalFlush Information, a financial information service provider.
Shanghai Dingli Technology Development will see the unlocking of 111 million shares worth nearly 1.18 billion yuan, the largest group of locked-up shares to hit the market.
Under China's market rules, major shareholders of non-tradable stocks are subject to a one or two years of lock-up before they are permitted to sell.
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