Arab Today, arab today lockup shares worth ¥ 44bn to become tradable
Last Updated : GMT 12:34:44
Arab Today, arab today
Arab Today, arab today

Lock-up shares worth ¥ 44bn to become tradable

Arab Today, arab today

Arab Today, arab today Lock-up shares worth ¥ 44bn to become tradable

Lock-up shares worth ¥ 44bn
Beijing - XINHUA

Lock-up shares worth about 43.7 billion yuan (7.1 billion U.S. dollars) will become eligible for trade on China's stock market next week, which will test the market's resilience amid thin trading and continuing losses for most shares.

The amount was less than half of the worth of shares unlocked in the past week, which surpassed 90 billion yuan.

Around 2.3 billion shares from 26 companies will become tradable on the Shanghai and Shenzhen bourses between Aug. 3 and 7, according to Southwest Securities.

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.

Soochow Securities Co., Ltd. will see non-tradable shares worth around 10.1 billion yuan become tradable on the Shanghai stock exchange on Aug. 5, the largest number of such shares to hit the stock market in the period.

Chinese shares extended declines Friday on investors' caution in the shadow of the earlier market stampede, with the benchmark Shanghai Composite Index dropping 1.13 percent to close at 3,663.73 points. The turnover of the two bourses came in at 878.08 billion yuan, sharply lower than the 1.1 trillion yuan on the previous trading day.

arabstoday
arabstoday

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today lockup shares worth ¥ 44bn to become tradable Arab Today, arab today lockup shares worth ¥ 44bn to become tradable

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today lockup shares worth ¥ 44bn to become tradable Arab Today, arab today lockup shares worth ¥ 44bn to become tradable

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show

GMT 21:25 2017 Wednesday ,24 May

Egypt bourse rebounds at beginning of trading

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday