Chinese listed companies announced 25.6 billion yuan ($3.7 billion) in share buybacks in March, the largest monthly total since April 2025, as markets fell amid the Iran war. A total of 43 Shanghai- and Shenzhen-listed firms unveiled repurchase plans, with Midea Group leading at up to 13 billion yuan, followed by Haier Smart Home at 6 billion yuan and Juneyao Airlines at 500 million yuan. The Shanghai Composite Index dropped 6.5% in March, its steepest decline in over four years, though still ou

Chinese listed companies announced 25.6 billion yuan ($3.7 billion) in share buybacks in March, the largest monthly total since April 2025, as markets fell amid the Iran war. A total of 43 Shanghai- and Shenzhen-listed firms unveiled repurchase plans, with Midea Group leading at up to 13 billion yuan, followed by Haier Smart Home at 6 billion yuan and Juneyao Airlines at 500 million yuan. The Shanghai Composite Index dropped 6.5% in March, its steepest decline in over four years, though still outperforming global markets. Hong Kong-listed firms also stepped up actual buybacks, including China Hongqiao and Pop Mart, but execution remains uncertain as many past programs were only partially completed.