Off the wire
• Astronauts of China's Shenzhou-11 mission meet press  • 1stLD : 4 killed, 2 missing in speedboat fire in eastern Indonesia  • Urgent: 4 killed, 2 missing after speedboat capsizes off eastern Indonesia  • 1st LD-Writethru: Astronauts to be Xinhua's special correspondents in space  • 3rd Ld-Writethru-Xinhua Insight: China to launch Shenzhou-11 manned spacecraft on Oct. 17  • Roundup: UN meeting to set global goals in sustainable urban development for 2 decades  • Across China: Vocational training helps poverty relief in Qinghai  • New airport to be built near China-Russia border  • Astronauts to be Xinhua's special correspondents in space  • Crown prince asks Thais not to worry about succession  
You are here: 　 Home

Locked-up shares worth 7 bln yuan eligible for trade

Xinhua, October 16, 2016 Adjust font size:

Locked-up shares worth about 7.03 billion yuan (1.04 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week.

About 437 million shares from 21 companies will become tradable on the exchanges from Oct. 17 to 21, according to RoyalFlush Information, a financial information service provider.

Shanghai Dingli Technology Development will see the unlocking of 111 million shares worth nearly 1.18 billion yuan, the largest group of locked-up shares to hit the market.

Under China's market rules, major shareholders of non-tradable stocks are subject to a one or two years of lock-up before they are permitted to sell. Endi