CMBC Capital Holdings is trading 11.9% up at HK$1.32 after the company announced the commencement of a sizeable share repurchase program.
- The board began buybacks on July 27, 2026, under a mandate to repurchase up to 109,696,869 shares, representing 10% of its total issued share capital.
- Management stated the initiative aims to enhance net asset value and earnings per share, signaling strong corporate confidence to the market.
- This capital return move has triggered renewed speculative interest in the stock as investors react to the positive valuation signal.