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Alibaba Group announced Tuesday that the company’s board has authorized the raising of its share repurchase program to $25 billion from the previous level of $15 billion.
Waterdrop, a platform dedicated to insurance and healthcare service, today reported a net operating revenue YoY increase of 38.0% to 939.4 million yuan ($145.5 million) in the second quarter of this year.
Chinese automaker BYD announced Wednesday that it plans to use its own funds to buy back RMB common shares (A shares) through centralized bidding or other means approved by the China Securities Regulatory Commission.
Beijing-based Kanzhun Limited, operator of a leading domestic online recruitment platform called BOSS Zhipin, announced it has approved a shares buy-back plan.