China stocks rise after companies announce share buyback plans
Tuesday, 17 October 2023
Chinese stocks rose on Tuesday as several companies announced plans to buy back shares, boosting investor confidence. The CSI 300 Index and Shanghai Composite Index both saw gains, while Hong Kong's Hang Seng Index and Hang Seng China Enterprises Index also advanced. Other Asian stocks rose cautiously, with investors focusing on corporate earnings and the resilience of the US economy.
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