Chinese firms announce share buybacks and bond issues

Briefing by News4U · First published

Lanqi, Nex, Xiaomi, CATL and China National Building Material disclosed buybacks and bond sales.

Lanqi Technology’s independent director proposed a 300-500 million yuan A-share buyback within three months for employee plans, with a price cap at 150% of the prior 30-day average. [1]

Nex bought back 1 million shares for about 699,900 HKD on Oct 16 at 0.695-0.7 HKD each; Xiaomi repurchased 1.9 million shares for 50.7701 million HKD at 26.66-26.78 HKD. [2] [3]

CATL repurchased 186,700 A-shares on Oct 19 at 267.58-267.88 yuan each for 49.9936 million yuan, to be cancelled. [4]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. 奈雪的茶于10月16日斥资约69.99万港元回购100万股

    Sina Finance · · Full text

  3. 小米集团-W于10月16日斥资约5077.01万港元回购190万股

    Sina Finance · · Full text

  4. 快讯

    Wall Street CN · · Full text

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