Lock-up shares worth nearly 194 bln yuan to become tradable
Source: Xinhua | 2022-01-24
Lock-up shares worth about 193.92 billion yuan (around 30.54 billion U.S. dollars) will become eligible for trade on China's bourses in the upcoming trading week.
From Jan. 24 to 28, a total of 7.3 billion shares will become tradable on the Shanghai and Shenzhen bourses, according to data from financial information provider Wind.
Under China's stock market rules, major shareholders must wait for one to two years before they are permitted to sell their shares.
Next week will be the last trading week before the Chinese Lunar New Year, which falls on Feb. 1 this year.
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