CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

More non-tradable shares to be unlocked for trading in China this week

06-13-2011 08:23 BJT

BEIJING, June 12 (Xinhua) -- About 2.04 billion non-tradable A-shares of 22 listed companies will be unlocked this week and become available for trading starting Monday, according to the Shanghai and Shenzhen stock exchanges.

The market value of the unlocked shares stood at 19.29 billion yuan (2.97 billion U.S. dollars) on Friday last week.

The volume of this week's unlocked shares this week remains at a fairly low level, down 6.71 percent from last week, while the unlocked shares' market value fell 42.83 percent week-on-week, said Zhang Gang, chief strategic analyst for Southwest Securities.

The relatively low capitalization of unlocked shares means less liquidity pressure on the secondary stock market this week, analysts said.

According to the Shanghai and Shenzhen stock exchanges, 158.57 billion yuan in locked shares will become tradable this month.

 

Editor:Yang Jie |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program