Lock-up shares worth 30.41 bln yuan eligible for trade

Updated 2016-12-03 22:42:21 Xinhua

Lock-up shares worth about 30.41 billion yuan (about 4.41 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week.

About 2.17 billion shares from 46 companies will become tradable on the exchanges from Dec. 5 to Dec. 9, according to RoyalFlush Information, a financial information service provider.

This is higher than 23.12 billion yuan of shares unlocked this week.

BBMG Corp., one of the country's top building material manufacturer, will see the unlocking of over 919 million shares, the largest group of locked-up shares to hit the market next week.

Under China's market rules, major shareholders of lock-up stocks have to wait one to two years before they are permitted to sell them.

Some 374.2 billion yuan worth of lock-up shares are predicted to be eligible for trade this month.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58October 19 2017 22:23:35

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16October 19 2017 22:23:35

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18October 19 2017 22:23:35

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords