More Chinese companies vow share buybacks as market sags further

SHANGHAI, Oct 17 - Dozens of China-listed companies announced plans on late Monday to buy back shares or scrap plans of stock selling, following a slew of measures authorities took to boost a flagging stock market.

Its blue-chip stock index , however, is near one-year lows as investor sentiment remained weak in recent months despite stimulus policies to shore up confidence. Meanwhile, more than 70 other companies in filings vowed that their major shareholders would not sell shares in the coming months, or withdrew plans to offload shares.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More Chinese companies vow share buybacks as market sags furtherExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Stocks rally to kick off big earnings week: Stock market news todayEfforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Dow futures rise amid Middle-East tensions: Stock market news todayEfforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks rise amid Middle East tensions: Stock market news todayEfforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »