Starting Friday, Haidilao International Holding will be eligible for short selling on Hong Kong’s stock exchange, according to the city’s bourse.

The US$13.6 billion company has far outperformed the city’s benchmark with a 15% surge since its September debut through Tuesday, and is now trading close to analysts’ consensus price target, according to data compiled by Bloomberg.

With the lockup period expiring next month – which would allow key investors to sell the stock – there may be more pressure on the way.

Speculation Haidilao will be eligible for short selling may have driven bearish over-the-counter bets and short interest spiked on the day of Hong Kong exchange’s announcement on Feb 8, according to data from IHS Markit.

It stood at 12.5% of the company’s free float on Monday.

Allowing short selling on the exchange would widen access to investors and traders by increasing the pool of shares that can be borrowed.

Haidilao shares fell as much as 2.5% in the city on Wednesday, set for their first decline in ten trading days.

28 other companies will also be eligible to be shorted on the exchange, including Hope Education Group and BeiGene, while 47 will be removed from the list.