BEIJING, Aug. 26 (silubaba) -- Lock-up shares worth around 75.6 billion yuan (about 10.52 billion U.S. dollars) will become eligible for trade on China's bourses next week.↳
From Aug. 28 to Sept. 1, about 5.6 billion shares will become tradable on the Shanghai and Shenzhen bourses, according to data from financial information provider Wind.↳
Under China's stock market rules, major shareholders must wait one to two years before they are permitted to sell their shares.↳
The aggregate market value of these shares is calculated with their closing prices on Friday, the previous trading day.↳
Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.59 percent to 3,064.07 points. The Shenzhen Component Index closed 1.23 percent lower at 10,130.47 points. ■
微信扫描下方的二维码阅读本文
