FilingReader Intelligence

China Hongqiao proposes HK$3bn share buyback after strong results

August 15, 2025 at 10:29 AM UTCBy FilingReader AI

China Hongqiao Group announced a proposed share repurchase of at least HK$3 billion following strong financial results.

The company reported a 10.1% revenue increase to RMB81 billion and a 35% rise in net profit to RMB12.4 billion for the six months ended June 30, 2025.

The company previously repurchased 187 million shares for HK$2.6 billion during the same period.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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