Lock-up shares worth ¥40.5bn to become tradable

Lock-up shares worth 40.5 billion yuan (6.37 billion U.S. dollars) will become eligible for trade on China's stock market next week.

About 2.26 billion shares from 25 companies will become tradable on the Shanghai and Shenzhen bourses.

Goldenmax International Technology Ltd. listed on the Shenzhen Stock Exchange will see non-tradable shares worth around 10.5 billion yuan become tradable next week, the largest amount to hit the market.

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.