China Hongqiao Group reports share repurchases on HKEX

China Hongqiao Group Limited (HKEX: 1378) filed a Next Day Disclosure Return on April 3, 2025, reporting share repurchases made on the Hong Kong Stock Exchange (HKEX) on April 2, 2025. The company repurchased 4,965,000 ordinary shares on the Exchange at prices ranging from HKD 15.32 to HKD 16 per share, with the total aggregate price paid amounting to HKD 77,679,411. These shares will be cancelled. As of April 2, 2025, the total number of shares repurchased under the mandate reached 44,764,500, representing 0.47% of the issued shares at the time the repurchase mandate was granted on May 14, 2024. The company is subject to a moratorium on issuing new shares or selling treasury shares until May 2, 2025.