China's markets brace for massive share inflow: report

SHANGHAI (AFP) — Chinese stock markets are bracing for fresh pressure in May when a massive number of new shares will become freely tradable after being locked up under local regulations, state media said on Tuesday.

A total of 284.1 billion yuan (40.6 billion dollars) worth of shares will become freely tradable in May at the expiry of a mandatory lock-up period, the Shanghai Securities News reported.

This is up nearly 90 percent from 150 billion yuan of newly tradable shares in April but was still in line with ...