Locked-up shares worth 108.9b yuan to become tradable in China
Xinhua |
Updated: 2023-06-05 09:38
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BEIJING -- Locked-up shares worth 108.9 billion yuan ($15.35 billion) will become eligible for trading on China's bourses this week.
From June 5 to 9, about 11.37 billion shares of 76 enterprises will become tradable, according to data from financial information provider Wind.
Under China's stock market rules, major shareholders must wait one to two years before they are permitted to sell their shares.
The aggregate market value of these shares is calculated using their closing prices on Friday.
