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XIAOMI-W Rises ~3% in Early Trading, Plans to Spend HKD2.5B on Shr Buyback
Recommend 27 Positive 68 Negative 13 |
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XIAOMI-W (01810.HK) opened 0.74% higher this morning (23rd) and once peaked at HKD36.32. It last traded at HKD36.26, up 2.89%, with a volume of 22.3148 million shares, involving HKD802 million. The company announced that it will launch today a HKD2.5 billion automatic share repurchase program operated by an independent third-party broker, a move expected to demonstrate its strong confidence in its business outlook. AAStocks Financial News |
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