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More Lock-up Shares to Become Tradable in China
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  • //english.dbw.cn  2016-04-06 10:45:01
     
    Lock-up shares worth nearly 9 billion yuan or 1.4 billion U.S. dollars will become eligible for trade on China's stock markets this week.

    Trading on the mainland's Shanghai and Shenzhen stock markets will resume on Tuesday, following the three-day Qingming Festival holiday.

    The value of the newly unblocked shares is much smaller than those that entered the market last week which were estimated to be worth about 25.6 billion yuan.

    More than 620 million shares from 13 companies will become tradable on the Shanghai and Shenzhen stock exchanges from Tuesday to Friday.

    Shenzhen-listed China West Construction Group will see the unlocking of 196 million non-tradable shares worth 3.1 billion yuan on Friday.

    This will be the largest batch of shares to hit the market during the week.

     

     

    Author:    Source:CRI    Editor:Yang Fan

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