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Three Chinese Brokers Announce Share Buybacks Totaling Up to 700 Million Yuan on July 19

2026-07-20 00:11:08

According to broker announcements, on July 19, three Chinese securities firms launched share buyback programs. Huaan Securities proposed buybacks of 100-200 million yuan, announced at 15:30, followed by Guolian Minsheng's 100-200 million yuan buyback announcement at 20:40. Combined with Guojin Securities' earlier June 8 buyback plan of 150-300 million yuan, the three brokers' total buyback range is 350-700 million yuan. Huaan Securities triggered the buyback after its stock fell 26.46% over 13 consecutive trading days through July 17, meeting the Shanghai Stock Exchange condition for share purchases to protect company value.

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