App

Lock-up shares worth 86 bln yuan to become tradable in China
Updated: October 8, 2023 13:30 Xinhua

BEIJING, Oct. 8 -- Lock-up shares worth around 86 billion yuan (about 12 billion U.S. dollars) will become eligible for trade on China's bourses next week.

From Oct. 9 to 13, shares of 93 listed companies will start trading on the Shanghai and Shenzhen stock exchanges. CoCreation Grass Corporation, an artificial grass manufacturer, will see shares worth 7.76 billion yuan unlocked, the largest of all the batches to become tradable next week.

The aggregate market value of these shares is calculated based on their closing prices on Sept. 28, the previous trading day.

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

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218