Pedestrians in the Lujiazui Financial District in Shanghai on October 10, 2022. Photo: Bloomberg
Pedestrians in the Lujiazui Financial District in Shanghai on October 10, 2022. Photo: Bloomberg

China’s US$3.5 trillion stock sell-off seen nearing end, as share buy-backs, buying by fund managers indicate recovery

  • Share buy-backs by mainland-traded companies, historically an indicator of rising stock prices, are up 86 per cent this year
  • This week at least 26 asset-management firms have unveiled plans to invest a combined US$249 million in their own funds

Pedestrians in the Lujiazui Financial District in Shanghai on October 10, 2022. Photo: Bloomberg
Pedestrians in the Lujiazui Financial District in Shanghai on October 10, 2022. Photo: Bloomberg
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