Abstract : Lock-up shares worth about 75.8 billion yuan (about 11 billion U.S. dollars) will become eligible for trade on China's bourses in the coming week.
BEIJING, Aug. 22 (Xinhua) -- Lock-up shares worth about 75.8 billion yuan (about 11 billion U.S. dollars) will become eligible for trade on China's bourses in the coming week.
About 11.77 billion shares from 49 companies will be freed up for trading from Aug. 24 to 28, 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. Enditem
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Keyword:
stock market
lock-up shares