🟢 CXMT is trading 13.63% up today as proposed buyback reaches RMB 5 billion

CXMT is trading at CNY 44.09, up 13.63%, after Chairman Zhu Yiming proposed a larger buyback.

• On November 4, Zhu proposed raising the planned buyback to RMB 2.5 billion–RMB 5 billion, from RMB 1 billion–RMB 2 billion; reports said it was intended to support investor confidence.
• The November 5, 2026 move also followed third-quarter revenue growth of 613.18% year over year and a return to profit.