BEIJING, Nov. 15 (Xinhua) -- Lock-up shares worth about 161.7 billion yuan (about 24.4 billion U.S. dollars) will become eligible for trade on China's bourses in the coming week.
About 7.09 billion shares will be freed up for trading from Nov. 16 to 20, 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.
Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.86 percent to end at 3,310.1 points and the Shenzhen Component Index down 0.27 percent to 13,754.55 points. Enditem