Lock-up shares worth over 125 bln yuan to become tradable


BEIJING, July 25 (Xinhua) — Lock-up shares worth about 125.16 billion yuan (about 17.9 billion U.S. dollars) will become eligible for trade on China’s bourses in the coming week.

The volume is 42.2 percent lower week on week, according to data from financial information provider Wind.

About 5.24 billion shares from 113 companies will be freed up for trading from July 27 to July 31.

Under China’s stock market rules, major shareholders must wait for one to two years before they are permitted to sell their shares. Enditem


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