Facebook Twitter 新浪微博 Instagram YouTube Sunday, Feb. 14, 2016

86 bln-yuan lock-up shares tradable

(Xinhua)    15:05, February 14, 2016

BEIJING, Feb. 14-- Lock-up shares worth 85.8 billion yuan (13 billion U.S. dollars) will become eligible for trade on China's stock markets next week.

About 7.1 billion shares from 63 companies will become tradable on the Shanghai and Shenzhen bourses from Monday to Friday in the first week after the lunar new year holiday, statistics showed.

SDIC Essence Co., Ltd., a Shanghai-listed investment management company, will see shares worth 21.4 billion yuan become tradable on Friday, the largest amount to hit the market.

Under current rules, major shareholders of non-tradable stocks are subject to one or two years of lock-up before they are permitted to trade.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Ma Xiaochun,Bianji)

Add your comment

Related reading

We Recommend

Most Viewed


Key Words