Major Chinese companies have increased stock buybacks.
What does it mean? Ben Silverman, VerityData Director of Research, spoke with CNBC about the acceleration of buybacks.
“Chinese companies are behaving similarly to their American counterparts by announcing large stock buyback programs on weakness in an effort to shore up investor confidence as their business growth slows,” Silverman said.
For more insights and analysis, read our Stock Buyback Trend Report >>