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Chinese Listed Companies Are Buying Back Shares, Incurring Massive Losses

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Chinese Listed Companies Are Buying Back Shares, Incurring Massive Losses
The Hong Kong Exchanges & Clearing Ltd. (HKEx) at the financial Central district in Hong Kong, on Sept. 27, 2021. Yu Kong/The Epoch Times
David Chu
Olivia Li
Updated:
0:00

Amid a massive foreign capital exodus, Chinese listed companies have been buying back their own shares and incurring huge losses.

More than 1,300 listed companies and various equity funds in China have made frequent share buybacks in China A-shares and Hong Kong stocks this year, with a sharp peak at the end of October.

David Chu is a London-based journalist who has been working in the financial sector for almost 30 years in major cities in China and abroad, including South Korea, Thailand, and other Southeast Asian countries. He was born in a family specializing in Traditional Chinese Medicine and has a background in ancient Chinese literature.
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