Once the sale of restricted shares is lifted, large shareholders will sell.

Shenzhen stock exchange data show that this reduction is completed, the paction price of 13.46 yuan / share, is the closing price of the previous day's closing price.

On the same day, the trend of the two level market of the cashmere industry is also very compatible.

The opening of the market was forced by the empty side to sell at the price limit, and the stock price fluctuated around the limit price for several days and ended up at 13.60 yuan, down 9.09%.

It is worth noting that this is the two reduction of major shareholders this week.

In April 27th, the Bank of China group completed a total of 4 million shares through two major pactions, and the paction price was 13.46 yuan / share.

All of the two reduction shares came from the lifting of the restricted shares in April 26th.

At present, the majority shareholders still hold 106 million 100 thousand shares, accounting for 38.17% of the total share capital.

Bank of China group said that the purpose of this reduction is mainly to achieve its follow-up business development plan, and does not rule out the continued reduction of shares in Listed Companies in the next 12 months.