World Library  
Flag as Inappropriate
Email this Article

Untraded shares

Article Id: WHEBN0020876664
Reproduction Date:

Title: Untraded shares  
Author: World Heritage Encyclopedia
Language: English
Subject: Stock Exchange Executive Council, China Securities Regulatory Commission
Collection: Finance in China, Stock Market
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Untraded shares

Untraded shares (Chinese: 非流通股份) or (Chinese: 大小非) refer to the shares of listed companies that are not allowed to be released by some of the investors within the lockup period. Since the split-share structure reform (Chinese: 股权分置改革) 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.[1][2] 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.[3][4]

See also

References

  1. ^ Guidance Notes on the Split Share Structure Reform of Listed Companies
  2. ^ Split-share structure reform pilot started in 2005
  3. ^ Asian Stocks Drop for Second Day on Profit Concern; Rio Falls
  4. ^ China stocks fall on supply, earnings fears
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.