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Lock-up shares worth 24.3 bln yuan eligible for trade
Last Updated: 2017-05-15 09:50 | Xinhua
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Lock-up shares worth about 24.3 billion yuan (3.5 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week.

The amount is 52.5 percent less than that unlocked during the past week, according to Zhejiang-based Hithink Flush Information Network, a financial information provider.

About 2.2 billion shares will become tradable from May 15 to 19, with Jilin Chemical Fibre set to unlock 350 million shares, the largest amount from a single company.

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

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