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      Lock-up shares worth 28 bln yuan eligible for trade

      2014-12-08 08:48 Xinhua Web Editor: Gu Liping
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      Lock-up shares worth 28 billion yuan (4.56 billion US dollars) will become eligible for trading on China's stock markets during the next week.

      A total of 1.6 billion shares of 20 companies will be tradable on the Shanghai and Shenzhen stock exchanges, representing 0.36 percent of lock-up shares in China's A share market.

      The volume shrank 10.54 percent as against last week.

      Shares of Soochow Securities were the highest valued with 16.76 billion yuan of shares coming online on Monday.

      Chinese shares realized record performances in the past trading week. On Friday, the combined daily turnover of the Shanghai and Shenzhen bourses totaled 1.07 trillion yuan, breaking a previous high reached on Wednesday, as a boom trend that started in late November continued.

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