Listed companies under China Merchants Group are boosting their share repurchase programs to highlight their confidence in their growth prospects, Xinhua News Agency reported Tuesday.
The companies include China Merchants Shekou Industrial Zone, (SHE:001979), China Merchants Port Group (SHE:001872), China Merchants Energy Shipping (SHA:601872), China Merchants Expressway Network & Technology Holdings (SHE:001965), Sinotrans (HKG:0598, SHA:601598), Liaoning Port (HKG:2880, SHA:601880), and China Merchants Property Operation & Service (SHE:001914), the report said.
The move will help them guard the interests of their shareholders, consolidate confidence in the companies, and boost their investment value, the report said.
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