Dajin Heavy Industry's A- and H-shares rise after chairman proposes H-share buyback
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Shares of Chinese wind power equipment maker Dajin Heavy Industry rose in both A-share and H-share trading after the company's board chairman proposed a buyback of its H shares, according to a Reuters market brief. The report did not specify the size, price, or timing of the proposed repurchase, nor did it detail the chairman's rationale. The move would target the company's Hong Kong-listed shares, while its A shares trade on the mainland. The brief frames the share reaction as tied to the buyback proposal. No further financial details or company statements were included in the source item.
Source
rtrsWestern