China Daily

Locked-up shares eligible for trade

- GOVTS & POLICIES

Locked-up shares worth 14.838 billion yuan ($2.2 billion) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week. About 1.01 billion shares from 24 companies will become tradable on the exchanges according to RoyalFlush Informatio­n, a financial informatio­n service provider. Jiangsu Hengli Hydraulic Co Ltd will see the unlocking of 383 million of its shares worth nearly 5.316 billion yuan, the largest group of locked-up shares to hit the market.

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