The Hang Seng Indexes Company announced today that as of August 16 this year, the share buyback value in Hong Kong stock market surpassed last year’s total by 29.8%, reaching a new record high of HKD 164.8bn. The share buyback intention has been a focal point in recent years amid the challenging market.
According to the Hang Seng Indexes Company, in 2024, the buyback newcomers accounted for HKD 33.6bn share buyback YTD, substantially representing 20.4% of the YTD buyback total. Among the flagship indexes, the HSI covers highest 88% of the buyback value in Hong Kong market YTD, whereas the HSTECH has the highest index weightings (37%) covering the proactive buyback corporates YTD.
