Latest News
Locked shares worth 55.72 bln yuan eligible for trade
Last Updated: 2018-01-08 10:12 | Xinhua
 Save  Print   E-mail

Some 6.14 billion locked shares will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week.

The shares are worth about 55.72 billion yuan (about 8.6 billion U.S. dollars), down 33.44 percent from the past week calculated with Friday closing prices, according to data from two stock exchanges.

The peak of unlocked shares will fall on Monday, with 34.89 billion yuan of shares from 17 companies to become tradable, data showed.

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

Chinese shares rose for a sixth consecutive trading day on Friday. The benchmark Shanghai Composite Index was up 0.18 percent to end at 3,391.75. The Shenzhen Component Index closed 0.01 percent higher at 11,342.85.

Share to 
Related Articles:
Most Popular
Chinese | BIG5 | Deutsch
Xinhuanet | | People's Daily Online | | CNTV | | Global Times | | China Youth International | Visit Beijing |
About | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved