Shares: Locked-Up Shares and Non-Tradable Stocks

shares: Shanghai Dingli Technology Development will see the unlocking of 111 million shares worth nearly 1.18 billion yuan, the largest group of locked-up shares to hit the market, according to Xinhua China. Under China market rules, major shareholders of non-tradable stocks are subject to a one or two years of lock-up before they are permitted to sell. About 437 million shares from 21 companies will become tradable on the exchanges from Oct. 17 to 21, according to Royal Flush Information, a financial information service provider. (news.financializer.com). As reported in the news.