BEIJING, Sept. 22 (Xinhua) -- China's stock market will see more locked shares become eligible for trading in the coming week.
From Monday to Friday, lock-up shares worth about 67.8 billion yuan (about 9.59 billion U.S. dollars) will become eligible for trading on the Shanghai and Shenzhen bourses, up 9.1 percent from the previous week, data from online financial information provider Jrj.com showed.
Three companies, including YTO Express Group, will see over 1 billion shares become tradable, while the total amount of eligible shares is expected to reach 6.73 billion for the next five trading days.
Under China's stock market rules, major shareholders must wait for one to two years before they are permitted to sell their shares.
Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.24 percent, at 3,006.45 points. The Shenzhen Component Index closed 0.29 percent higher at 9,881.25 points.
A single purchase
