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Chinese companies are ramping up share buybacks, playing their part in a widening rescue campaign to stem a $7 trillion rout in the world’s second-biggest stock market.
Firms listed in mainland China and Hong Kong spent 14 billion yuan ($1.9 billion) and HK$21 billion ($2.6 billion) repurchasing shares last month, respectively, each marking a record since 2021 when Bloomberg began compiling the data.
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