Untraded shares () or () refer to the
shares of
listed companies that are not allowed to be released by some of the
investors
An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...
within the
lockup period. Since the
split-share structure reform () was launched by the
State Council of the People's Republic of China in 2005, some of the investors were not allowed to release their shares of the listed
state-owned enterprises until the lockup period expired, so as to sustain the overall stock market. After the lockup period expires, the investors can choose to sell the shares and this may cause negative impacts to
stock market from the selling pressure.
China stocks fall on supply, earnings fears
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See also
* Economy of China
References
{{Economy of China
Stock market
Finance in China