More lock-up shares eligible for trade in China this weekStaff Writer | October 15, 2018
Lock-up shares worth about 19.86 billion yuan (about 2.88 billion U.S. dollars) will become eligible for trading on China's bourses next week.
Asia About 3.02 billion shares will become tradable
In the previous week, shares worth 15.36 billion yuan became tradable.
Under China's market rules, major shareholders must wait for one to two years before they are permitted to sell their shares.
Chinese shares closed mixed Friday, with the benchmark Shanghai Composite Index up 0.4 percent to close at 2,702.3 points, while the Shenzhen Component Index closing 0.02 percent lower at 8,322.36 points. ■