Lock-up shares worth about 69.3 billion yuan (about 11 billion U.S. dollars) of 50 listed firms will become eligible for trading on the Shanghai and Shenzhen stock exchanges next week.
The value is 25 percent higher than the previous week, according to information service provider Wind.
The peak share-unlocking day will fall on Monday, with shares of 27 listed firms, worth 35.7 billion yuan, becoming tradable.
Also on Monday, the Shanghai-listed Zhejiang Dingli Machinery will see non-tradable shares worth around 7.36 billion yuan become tradable.
Under China's market rules, major shareholders must wait one to two years before they are permitted to sell their shares.
Chinese stocks closed significantly lower Friday, with the benchmark Shanghai Composite Index down 3.39 percent to close at 3,152.76 points, and the Shenzhen Component Index 4.02 percent lower at 10,439.99 points.
The value is 25 percent higher than the previous week, according to information service provider Wind.
The peak share-unlocking day will fall on Monday, with shares of 27 listed firms, worth 35.7 billion yuan, becoming tradable.
Also on Monday, the Shanghai-listed Zhejiang Dingli Machinery will see non-tradable shares worth around 7.36 billion yuan become tradable.
Under China's market rules, major shareholders must wait one to two years before they are permitted to sell their shares.
Chinese stocks closed significantly lower Friday, with the benchmark Shanghai Composite Index down 3.39 percent to close at 3,152.76 points, and the Shenzhen Component Index 4.02 percent lower at 10,439.99 points.
Latest comments