ZCZC
BCN-14
CHINA-STOCKS
Fewer lock-up shares eligible for trading
BEIJING, May 26, 2019 (BSS/Xinhua) – China’s stock market will see fewer
locked shares become eligible for trading this week.
From Monday to Friday, a total of 2.7 billion shares will turn unlocked on
China’s bourses, down 36 percent from the past week, according to data from
financial information provider Wind Info.
The peak of newly unlocked shares will come on Monday when more than 1.5
billion shares will become tradable.
China Merchants Securities will have more than 815 million shares becoming
tradable Monday, the largest amount this week.
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/1240