Core Viewpoint - China Hongqiao has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and potentially signal confidence in its financial health [1][2][3]. Group 1: Share Buyback Details - On August 22, China Hongqiao repurchased 13.027 million shares at a price of HKD 24.16 per share, totaling HKD 315 million [1]. - The stock closed at HKD 24.64 on the same day, reflecting a 2.24% increase, with a total trading volume of HKD 1.134 billion [1]. - Since August 18, the company has conducted buybacks for five consecutive days, acquiring a total of 31.947 million shares for a cumulative amount of HKD 756 million, with the stock rising 5.39% during this period [2]. Group 2: Year-to-Date Buyback Summary - Year-to-date, China Hongqiao has executed 40 buyback transactions, repurchasing a total of 219 million shares for a cumulative amount of HKD 3.368 billion [3]. - The buyback details include various dates, share quantities, and prices, showcasing a consistent commitment to returning capital to shareholders [3].
中国宏桥(01378.HK)8月22日回购3.15亿港元，已连续5日回购