Lock-up shares worth about 83 billion yuan (about 12.2 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week.
About 2.958 billion shares from 25 companies will become tradable from Feb. 13 to 17, according to RoyalFlush Information, a financial information service provider.
Foshan Haitian Flavouring and Food Company will unlock 2.425 billion shares, the largest group to hit the market. Lock-up shares worth about 291.3 billion yuan will become eligible for trade on the two bourses in February.
Under China's market rules, major shareholders have to wait one to two years before they are permitted to sell their shares.
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