Banking

BOC shares' sales restriction lifted, feared to shock market

(chinadaily.com.cn)
Updated: 2009-07-06 18:04

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BOC shares' sales restriction lifted, feared to shock market

Bank of China (BOC)'s 171.33 billion initial public offering shares held by Central Huijin Investment Ltd on the Chinese mainland A-share market had their sales restriction lifted today, Beijing Business Today said, citing an announcement by BOC.

Based on BOC's closing price of 4.63 yuan (68 cents) on July 3, the previously non-tradable shares held by...

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