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BEIJING, July 5 (Xinhua) -- Lock-up shares worth 75.8 billion yuan (12.4 billion U.S. dollars) will become eligible for trade on China's stock market next week.
The amount is slightly bigger than the 71 billion yuan unlocked in the previous week.
A total of 5.74 billion shares from 26 companies will be tradable on the Shanghai and Shenzhen bourses from July 6 to July 10, according to Southwest Securities.
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.
Suning Commerce Group Co. http://www.cheapsoccerjerseysarsenal.com/santi-cazorla-jersey/ , Ltd. will see non-tradable shares worth around 29.7 billion yuan become tradable on July 10, the largest amount of such shares to hit the stock market in the period.
The Chinese stock market experienced a slump over past weeks, with the benchmark Shanghai Composite Index diving 5.77 percent to close at 3,686.92 points Friday and losing more than 28 percent from its peak on June 12.
A raft of measures has been rolled out to stabilize the market http://www.cheapsoccerjerseysarsenal.com/rob-holding-jersey/ , with 28 companies that have obtained permission from the securities watchdog for initial public offerings (IPOs) announcing Saturday evening they would postpone follow-up issue of shares due to recent market fluctuations.
HAIKOU, Jan. 5 (Xinhua) -- A new ship set sail Monday from Hainan Island for Sansha City on its maiden voyage to supply islands in the vast South China Sea.
The civil ship Sansha I is the largest and most advanced vessel yet to supply and commute between Hainan Island and islets in the South China Sea.
At an inaugural ceremony held at the ship's home port in Wenchang City, Sansha Mayor Xiao Jie said the new vessel will expand the city's administration in the South China Sea and underpin China's efforts to defend its "blue territory" and safeguard its interests in the sea.
"The all-weather Sansha I can cover all waters in the South China Sea and will reach more islets and reefs in the remote Zhongsha and Nansha island groups," said Feng Wenhai http://www.cheapsoccerjerseysarsenal.com/petr-cech-jersey/ , vice mayor of Sansha.
Sansha I, 122 meters long and 21 meters wide, has a displacement of 7,800 tonnes. The rollon-rolloff vessel can accommodate up to 456 people and carry 20 standard container trailers.
The ship can navigate 6 http://www.cheapsoccerjerseysarsenal.com/per-mertesacker-jersey/ ,000 nautical miles without docking and sail at a speed of up to 19 nautical miles per hour. The ship also has a helicopter pad to facilitate maritime rescue and islet patrol.
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