• 11/29/2024

Hong Kong-listed companies ploughed record US$14 billion into buy-backs in 2023 as sell-offs made stock market the world’s cheapest

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The repurchasing spree has come as the Hang Seng Index heads for an unprecedented fourth straight year of decline, as China’s slowdown and aggressive interest-rate hikes in the US trigger foreign outflows.

https://www.scmp.com/business/china-business/article/3244771/hong-kong-listed-companies-ploughed-record-us14-billion-buy-backs-2023-sell-offs-made-stock-market?utm_source=rss_feed