Hundreds of companies announce mid-session buybacks and share increases, led by insurers and brokers

On 8 April, several well-known financial institutions issued mid-session announcements on buybacks or shareholder increases, signalling confidence in their own share value.

The moves came quickly, with real capital at a volatile moment — a clear intent to steady the market and share prices.

Beyond financials, food names such as Kweichow Moutai and Yili, transport names such as Spring Airlines, and state holding platforms including Shanghai International Group and Shanghai Guosheng also issued increase, buyback or market-value support notices — more than one hundred companies in total.

CPIC adds to broad-based ETFs and considers a buyback

On 8 April, China Pacific Insurance said it is constructive on the long-term allocation value of China equities, will play the role of patient insurance capital, and had already added broad-based ETFs on 7 April. It will further increase investment in strategic emerging industries, advanced manufacturing and new infrastructure.

Chairman Fu Fan also proposed on 8 April using own funds to repurchase some A-shares, including for maintaining company value and shareholder interests as allowed by law, to lift long-term value.

Two brokers announce share buybacks

Guotai Junan said that on 7 April 2025 Chairman Zhu Jian proposed buying back A-shares via centralised bidding, with a total of RMB 1–2 billion, to maintain company value and shareholder interests.

Orient Securities plans to repurchase A-shares via centralised bidding for an estimated RMB 250–500 million of own funds, including to maintain company value and shareholder interests.

State capital platforms step in

Several state capital investment and operating platforms also joined the buying.

Shanghai Guosheng Group said it is firmly constructive on China’s capital market and added to Shanghai SOE ETFs and local state-owned stocks.

CETC said that based on confidence in the long-term economy, it had completed more than RMB 2 billion of increases and buybacks in listed subsidiaries.

Shanghai State-owned Investment said it would maintain listed-company value via CVC, M&A funds and tech commercialisation, acting as long-term, patient, strategic capital.

Shanghai International Group said it remains constructive on China’s capital market, will hold strategic stakes for the long term, and will advance value creation and maintenance as a financial holding plus market-value manager.