22 March 2019

23 listed firms to unlock 37.1 bln yuan shares, Xinhua says

At least 23 companies listed on the Shanghai and Shenzhen stock exchanges are scheduled to release restricted stocks worth 37.1 billion yuan (US$6.05 billion) this week, more than double the amount in the previous week, the official Xinhua news agency reported Monday, citing data from the bourses. China Resources Sanjiu Medical and Pharmaceutical Co. Ltd. (000999.CN) will unlock stocks worth 15.2 billion yuan. Some companies on the Growth Enterprise Market and the small and medium enterprise board are also planning to release large amounts of restricted stocks this week, adding to the pressure on the markets.

– Contact HKEJ at [email protected]




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