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Market Chatter: China-Listed Companies Step Up Buybacks in March Due to Iran War Effects

MT Newswires Live04-02

Share repurchases by Chinese listed firms grew to the largest in almost a year as the war in Iran brought down stock prices, Bloomberg reported Wednesday.

Forty-three firms in Shanghai and Shenzhen bought back 25.6 billion yuan of shares during the month, Bloomberg said, citing its data.

The figure is the largest monthly total since firms repurchased 67.6 billion yuan of shares in April 2025 due to U.S. President Donald Trump's tariff threats, the report said.

Midea (SHE:000333, HKG:0300) plans to buy back up to 13 billion yuan of its sharse, while Haier Smart Home (HKG:6690, SHA:600690) said it would buy back 6 billion yuan of shares.

Juneyao Airlines (SHA:603885) was aiming for up to 500 million yuan of shares.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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