Lock-up shares worth 32.26 bln yuan to become tradable

0 Comment(s)Print E-mail Xinhua, March 28, 2021
Adjust font size:

Lock-up shares worth about 32.26 billion yuan (about 4.9 billion U.S. dollars) will become eligible for trade on China's bourses in the coming week.

From March 29 to April 2, about 2.76 billion shares of 22 stocks will become tradable on the two stock exchanges in Shanghai and Shenzhen, 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 higher on Friday, with the benchmark Shanghai Composite Index up 1.63 percent, at 3,418.33 points. The Shenzhen Component Index closed 2.6 percent higher at 13,769.68 points. 

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter