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Lock-up rule to be lifted on shares worth $5.5b

Lock-up restrictions will be lifted on Chinese shares worth around 33.79 billion yuan ($5.51 billion) this week. About 2.52 billion shares in 16 companies will become tradable on the Shanghai and Shenzhen stock markets on Thursday and Friday, two trading days after the seven-day National Day holiday. Under China's market rules, major shareholders of non-tradable stocks are subject to a one-or two-year lock-up period.