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Chinese companies launch share buyback wave

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As Chinese stocks are hovering around the lowest in four years, listed companies are rushing to repurchase shares, creating China's biggest share repurchase wave on record.

According to data from Wind, A-share listed companies had repurchased up to 3.33 billion shares with 23.65 billion yuan as of 6th September, sharply higher than 2 billion shares and 9.1 billion yuan for the whole of 2017. In particular in the past three months alone, 15.1 billion . . .

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