Business / Markets

Lock-up shares worth 68.52b yuan eligible for trade

(Xinhua) Updated: 2014-09-28 10:22

BEIJING - The value of lock-up shares becoming eligible for trade on China's stock market in October totals 68.52 billion yuan ($11.14 billion).

The volume declined over 70 percent from September, data from Wind Info showed on Saturday.

Altogether, lock-up shares from 35 listed companies on the Shanghai and Shenzhen stock exchanges will be released to the capital market.

Power Construction Corporation of China will see non-tradable shares worth 17.48 billion yuan become tradable on Oct 20, the largest amount of such shares to hit the stock market.

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

Lock-up shares worth 68.52b yuan eligible for trade

Lock-up shares worth 68.52b yuan eligible for trade

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