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1.22B Restricted Shares To Be Made Tradable On Week Beginning Feb. 8

  • Monday 2010-02-08  18:43

A total of 1.22 billion restricted shares of twenty-five companies will become tradable in the period from February 8 to February 12, down 67.57 percent from the previous week, reports Oriental Morning Post, citing statistics from Wind, a provider of financial information.

The market value of these shares to be made tradable fell almost 60 percent week-on-week to 16.96 billion yuan based on the closing prices on February 5.

Jinling Pharmaceutical (000919), a producer of traditional Chinese and western medicines, will have a total of 2.779 billion yuan worth of shares made tradable.

On February 8, a total of 5.487 billion yuan worth of shares will be made tradable.

Some of the companies whose shares will be made tradable include construction ceramics producer Shandong Jiangquan Industry (600212), Zhejiang Golden Eagle (600232), a producer of textiles and related machinery and Shanghai Jielong Industry (600836), a company specializing in the printing industry.


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