Fewer lock-up shares to become tradable

BEIJING -- Lock-up shares worth about 46.86 billion yuan (about $6.6 billion) will become eligible for trade on China's bourses next week.

The amount is down 72.59 percent week on week, according to data from financial information provider Wind.

From April 27 to 30, nearly 3.25 billion shares from 38 listed companies will become tradable on the two stock exchanges in Shanghai and Shenzhen.

Under China's stock market rules, major shareholders must wait for one to two years before they are permitted to sell their shares.