Fewer lock-up shares to be eligible for trading

Source: Xinhua| 2019-06-15 23:38:33|Editor: Mu Xuequan
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BEIJING, June 15 (Xinhua) -- China's stock market will see fewer locked shares become eligible for trading next week.

In the coming week, a total of 7.07 billion shares will become tradable on China's bourses, down 5.89 percent from the previous week, according to data from financial information provider Wind Info.

The peak of newly unlocked shares will come on Wednesday when the amount of shares to become tradable accounts for 63 percent of the total.

Power Construction Corporation of China will have more than 4 billion shares become tradable next week, the largest amount of the week.

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

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