中文简体 | 中文繁体 | Партнеры | 日本語 | 한글
your position :English > News > China  content
30-bln-yuan lock-up shares eligible for trade
  • Anything is possible in luxury private planes
  • Enjoy magic hot springs in Japan
  • 50 unmissable tourism destinations in the world II
  • Trip to water town Zhouzhuang, China's Jiangsu
  • Qarhan Salt Lake in China's Qinghai
  • http://english.dbw.cn   2013-12-16 09:34:49
     

    Lock-up shares worth 30 billion yuan (4.91 billion U.S. dollars) will become eligible for trade next week in China , according to information from China's stock exchanges.

    The volume marks a slight increase from the 26.6 billion yuan seen from Dec. 9 to 13.

    Altogether, 22 listed companies on the Shanghai and Shenzhen stock exchanges will see 2.16 billion of their shares released to capital markets after lock-up agreements expire.

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

    Of all the companies with non-tradable shares becoming tradable next week, Chinese Universe Publishing And Media Co., Ltd. has the most -- 380 million non-tradable shares worth 6.96 billion yuan.

    Author:    Source: xinhua     Editor: Yang Fan

    share: