Cai Jing Wang·2025-11-20 11:18Core Insights - The total amount of share buybacks by major shareholders in A-shares has exceeded 93 billion yuan as of November 19, 2023, marking a new high for the year [3][4] - A total of over 100 billion shares have been repurchased, the second-highest number since 2021 [4] - The banking sector leads in buyback amounts, with over 10.7 billion yuan, followed by basic chemicals and public utilities [5] Company-Specific Insights - Nanjing Bank has the highest buyback amount exceeding 5.9 billion yuan, with major shareholders including BNP Paribas and Nanjing Gaoke [7] - Salt Lake Co. has seen a buyback amount of over 4.5 billion yuan, primarily from Minmetals Group, with a stock price increase of over 68% this year [7][8] - BYD's buyback, mainly from executives and employee stock plans, totals nearly 3 billion yuan, reflecting confidence in future growth [8] - Longjiang Power has a buyback amount exceeding 2.5 billion yuan, with plans for further buybacks [8] Industry Trends - 13 industries have seen buyback amounts exceeding 3 billion yuan, with banking, basic chemicals, and public utilities at the forefront [5] - The banking sector has consistently high buyback amounts, with over 25 billion yuan in 2023 and 10.2 billion yuan in 2024 [5] - Companies with ongoing buyback plans have seen an average stock price increase of over 15%, outperforming the CSI 300 index [9][10]