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市场与资产

Lock-up

/ˈlɒk ʌp/
锁定期
markets 1 篇文章 更新于 2026-11-12 15:24 CEFR B2

01定义Definition

A period after listing during which insiders and early shareholders are contractually barred from selling.

锁定期

04数字怎么看The numbers

Move变动Where it appeared出现位置What it means这句话在说什么
—The market did not cut Anthropic's valuation. It asked for a price.
锁定期 · 第 9 张术语卡
The first price is set on a thin slice; the lock-up decides when the rest of the supply arrives.
锁定期是 IPO 的「延迟供给」:定价时只有一小部分股票在交易,价格容易被少量资金推高;到期后大批股份解禁,供给突然增加,价格才第一次接受真正的检验。看新股,锁定期的到期日比上市首日更值得记在日历上。

08延伸阅读Further reading

09出现在这些文章里Appears in

10相关概念Related