YUMC - These Hong Kong-Listed Companies Spent Over $10 Million Thursday Buying Back Their Own Shares | Benzinga
A total of 38 companies repurchased HK$810 million ($105 million) of their shares on the Hong Kong Stock Exchange Thursday.
Two more Hong Kong-listed companies, Yum China Holdings Inc. (NYSE: YUMC) and KE Holdings Inc (NYSE: BEKE), are scheduled to make stock and ADR purchases, respectively, in the US trading session.
With Hong Kong shares down 18% on the year, the exchange is one of the poorest performers in the world in 2023, making for what some asset managers are seeing as bargains ...