Lock-up shares worth 25.3b yuan eligible for trade

BEIJING - The value of lock-up shares becoming eligible for trade on China's stock market next week totalled 25.3 billion yuan ($4.1 billion), according to data from two stock exchanges.

The volume retreated from the 58.9 billion yuan seen from Sept 1 to Sept 5.

Altogether, 26 listed companies on the Shanghai and Shenzhen stock exchanges will see their lock-up shares released to the capital market.

Under China'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 the shares.

RongAn Property will see non-tradable shares worth 55.48 billion yuan become tradable on Thursday, the largest amount of such shares to hit the stock market this week.

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