Latest News:  


Locked-up shares worth 95.8 bln yuan to become tradable


08:08, February 18, 2013

BEIJING, Feb. 17 (Xinhua) -- China's stock market will see 95.8 billion yuan (15.25 billion U.S. dollars) in locked-up shares released for trading next week, according to statistics from Southwest Securities.

A total of 9.68 billion non-tradable shares of 27 listed companies will become tradable after their lock-up agreements expire next week, Southwest Securities said.

On the Shanghai Stock Exchange, China Firstheavy Industries will see 4.25 billion of its non-tradable shares become eligible for trade on Monday. The market value of the shares amounts to around 12.57 billion yuan.

On the Shenzhen Stock Exchange, some 3.46 billion shares of GF Securities worth 58.06 billion yuan will be ready for trading.

The market value of next week's unlocked shares will be the second-highest seen this year, according to Zhang Gang, an analyst at Southwest Securities.

Of the 27 companies, 25 will see shares unlocked on Monday, the first trading day to occur after the Spring Festival holiday. Their shares will account for 98.33 percent of next week's total unlocked market value.

Under China's market rules, major shareholders of non-tradable stocks are subject to one or two years of lock-up, after which time they are permitted to trade the shares.

We recommend:

Macao embraces peak tourist season

Sweet smell of profit if it's an Internet domain

Sina seeks new revenues while battling WeChat

American create world's biggest airline

Robot pavilion opens to public at Taipei

Ministry acts on dairy safety

Email|Print|Comments(Editor:LiangJun、Li Zhenyu)

Leave your comment0 comments

  1. Name


Selections for you

  1. North Sea Fleet's pelagic training formation

  2. Vintage Car Parade kicks off in NZ

  3. "Swan Lake" rehearsed in Mexico

  4. China's 'No 1 Slackliner'

  5. HK holds wedding service expo

  6. Unforgettable moments during Spring Festival

  7. Highlights of Berlin Film Festival awards ceremony

  8. Most flexible people around world

  9. Gold consumption up 9.35 pct in 2012

  10. G20 vows to support financial stability

Most Popular


  1. Discontents of demography
  2. Online ambitions could elude mid-level brands
  3. Human rights progress as a matter of fact
  4. Millions on the move
  5. US to withdraw from Middle East?
  6. Ensure fairness during festival travel rush
  7. Is the wolf really gone?
  8. K-pop on Spring Festival gala stirs controversy
  9. Some media don't get the message: no bootlicking
  10. US playing strategic arms game

What’s happening in China

Slacklife in Beijing: China's 'No 1 Slackliner'

  1. Buzzwords during Spring Festival holiday
  2. SW China anti-graft official falls to death
  3. Top 10 most expensive Chinese cities to live in
  4. China's first nuclear power plant starts operation
  5. China's Union Lotto marks 10th anniversary