ZCZC
BCN-14
CHINA-SHARES-TRADE
Over 13 bln lock-up shares eligible for trade in May
BEIJING, May 5, 2019 (BSS/Xinhua) – A total of 13.366 billion lock-up
shares will become eligible for trading on China’s bourses in May.
These shares will become tradable on the Shanghai and Shenzhen stock
exchanges starting from May 6, according to data from the financial
information provider Wind.
These shares are from 108 listed companies, Wind data showed.
Over 3.26 billion lock-up shares will become tradable on May 20, the
largest amount in the month.
Under China’s market rules, major shareholders must wait for one to two
years before they are permitted to sell their shares.
BSS/XINHUA/HR/1440