June 25 (NBD) -- Around 2.78 billion restricted shares of Guotai Junan Securities Co., Ltd. (601211.SH) will become freely tradable on June 26, accounting for 31.94 percent of the company's total capital stock.

Calculated by the company's closing price on June 22, the value of these restricted shares will amount to 41.8 billion yuan (6.44 billion U.S. dollars).

Currently, circulating shares of Guotai Junan are worth 71.1 billion yuan (10.96 billion U.S. dollars), but the share price is below its IPO price.

Email: tanyuhan@nbd.com.cn