Equipo Nizkor
        Bookshop | Donate
Derechos | Equipo Nizkor       


38-bln-yuan in lock-up shares eligible for trade in China

Lock-up shares worth 37.5 billion yuan (6.13 billion U.S. dollars) will become eligible for trade next week on the Chinese mainland.

The volume marks a huge rise from the 30 billion yuan seen from Dec. 16 to 20, according to information from the Shanghai and Shenzhen stock exchanges.

Altogether, 20 listed companies on the two stock exchanges will see their lock-up shares released to capital markets next week.

Under the mainland's market rules, major shareholders of non-tradable stocks are subject to one or two years of lock-up before they are permitted to trade.

[Source: Xinhua, Beijing, 22Dec13]

Tienda de Libros Radio Nizkor On-Line Donations

Informes sobre DESC
small logoThis document has been published on 24Dec13 by the Equipo Nizkor and Derechos Human Rights. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.