Lock-up shares worth about 38.3 billion yuan (about 6.08 billion U.S. dollars) will become eligible for trading on the Shanghai and Shenzhen stock exchanges next week.

The number is 36 percent lower than the previous week, according to information service provider Wind.

The peak share-unlocking day will fall on Thursday, with shares from 6 companies worth 13.6 billion yuan becoming tradable.

Shenzhen Kangtai Biological Products Corporation will see non-tradable shares worth around 5.82 billion yuan become tradable on Wednesday, the largest number from a single company in the week.

Under China's market rules, major shareholders must wait 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 0.44 percent to close at 3,462.08 points and the Shenzhen Component Index closing 0.56 percent higher at 10,925.16 points. 

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