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Business / Markets

Lock-up shares worth 11.5b yuan eligible for trade

(Xinhua) Updated: 2014-11-24 09:48

BEIJING - Lock-up shares worth 11.5 billion yuan ($1.87 billion) will become eligible for trading on China's stock markets during this week.

A total of 1.27 billion shares of 19 companies will be tradable on the Shanghai and Shenzhen stock exchanges, representing 0.29 percent of lock-up shares in China's A share market.

The volume was nearly 20 percent higher than the last week.

Shares of Eging Photovoltaic Technology Co were the highest valued with 1.82 billion yuan of shares coming online on Monday.

Chinese shares have been on a rising streak since the end of June. The benchmark Shanghai Composite Index closed at 2,486.79 points on Nov 21, up over 20 percent from five months ago.

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