CNY21.2BN SHARES TO BE TRADABLE ON CHINA STOCK MARKET
AsiaInfo Services, June, 2009
AsiaInfo Services 06-15-2009 CNY21.2bn Shares to be Tradable on China Stock Market SHANGHAI, Jun 15, 2009 (SinoCast Daily Business Beat via COMTEX) -- Total 2.282 billion restricted shares of the companies traded on the Shanghai and Shenzhen bourses are to be tradable in the week ended June 21, reaching CNY 21.25 billion in market capitalization in terms of closing prices last Friday.
The two figures are 60 percent and 54.36 percent lower compared to the prior week respectively. The market cap comprises CNY 11.72 billion on the Shanghai exchange and CNY 9.53 billion on the Shenzhen bourse, making up 0.20 percent and 0.41 percent of total of tradable shares on the two markets. Ten of the 22 companies that will witness unlocking of restricted shares are on the...
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