Thirty‑seven stocks have lock‑up expiries next week, totalling RMB 31.94 bln at last close. Hengkun Xincai has the largest expiry: 228.0 mln shares becoming tradable, mainly pre‑IPO restricted holders and IPO strategic placement shares, with a market value of RMB 7.80 bln. Xiaxia Precision, Huacan Optoelectronics, Anjiesi and Beikuang Testing also rank among the largest expiries by value. By contrast, Dier Chemical, Biyiwei, Obi Zhongguang‑W and Xuanya International each have expiry values below

Thirty‑seven stocks have lock‑up expiries next week, totalling RMB 31.94 bln at last close. Hengkun Xincai has the largest expiry: 228.0 mln shares becoming tradable, mainly pre‑IPO restricted holders and IPO strategic placement shares, with a market value of RMB 7.80 bln. Xiaxia Precision, Huacan Optoelectronics, Anjiesi and Beikuang Testing also rank among the largest expiries by value. By contrast, Dier Chemical, Biyiwei, Obi Zhongguang‑W and Xuanya International each have expiry values below RMB 10 mln. Three stocks face expiry ratios above 50%: Beikuang Testing 77.5%, Xiaxia Precision 73.94% and Hengkun Xincai 50.8%.