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China's listed central SOEs plan to splurge US$547 million on share buy-backs as Beijing signals growing state support

Six listed companies owned by China’s central government unveiled stock repurchase plans worth around 4 billion yuan (US$547 million) on Monday evening, in a sign that state buying is gathering pace to stabilise the country’s flagging equity markets. ....

China Petroleum , China Railway Construction , China Mobile , Chemical Corp , Citic Securities , Baoshan Steel , China Three Gorges , China Resources Microelectronics , Hangzhou Hikvision , Feast Money ,