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BEIJING, May 28 (Xinhua) -- Lock-up shares worth about 114.63 billion yuan (16.73 billion U.S. dollars) will become eligible for trading on the Shanghai and Shenzhen stock exchanges in June, the lowest monthly level in 2017, according to a media report.

About 9.249 billion shares will become tradable in June, according to the China securities Journal.

Under China's market rules, major shareholders must wait one to two years before they are permitted to sell their shares.

For the coming week, lock-up shares worth 26 billion yuan of 15 listed firms will become tradable on the Chinese stock market, 41.82 percent lower than the previous week.

The amount of unlocked shares has been dropping during the past weeks, providing a respite for the market under pressure amid tightening liquidity and strengthened regulation.

Chinese stocks closed mixed Friday with the benchmark Shanghai Composite Index edging up 0.07 percent to end the day at 3,110.06 points.

The Chinese securities watchdog Saturday published stricter rules on the selling of stocks of major shareholders as such activity had triggered market volatility and concern among retail investors.

The new policy improved regulation on stock reductions through block trading, selling of non-public offering shares, information disclosure, and equity transfers via agreements.