Business

More lock-up shares to become tradable next week

Mar 28, 2020

Beijing (China), Mar 28: China's stock market will see more locked shares become eligible for trading in the coming week.
From Monday to Friday, a total of 9.32 billion shares will unlock on China's bourses, up more than 76 percent week on week, according to data from financial information provider Wind Info.
The peak of newly unlocked shares will come on Monday when a combined number of 7.13 billion shares to become tradable, accounting for 76.5 percent of the total.
Under China's stock market rules, major shareholders must wait for one to two years before they are permitted to sell their shares.were recovering from COVID-19.
Source: Xinhua News Agency

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