Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Locked shares worth over 100 bln yuan eligible for trade

February 11, 2019


Abstract : Locked shares from 58 listed companies will become eligible for trade on the Shanghai and Shenzhen stock exchanges next week.

BEIJING, Feb. 9 (Xinhua) -- Locked shares from 58 listed companies will become eligible for trade on the Shanghai and Shenzhen stock exchanges next week.

Calculated with previous closing prices, the shares are worth 102.76 billion yuan (15.32 billion U.S. dollars), according to financial information provider Wind Info.

The figure will be the largest weekly amount in February, when the total value of unlocked shares will be more than 150 billion yuan, the data showed.

Three firms will see more than 1 billion locked shares becoming eligible for trade in the coming week, including property developer Guangzhou Yuetai Group and Sichuan-based brokerage firm Huaxi Securities Co.

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

Scan the QR code and push it to your mobile phone

Keyword: China-economy China-financial-market

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial