Chinese share buybacks hit record high as Beijing steps up support. According to an FT report, China's stock market saw a surge in share buybacks, with $468 billion worth of shares repurchased by companies in the first half of 2022. This marks a significant increase from previous years and suggests that Beijing is taking measures to stabilize the market.

Source: https://www.ft.com/content/a7ea387b-05f0-4fb8-95cf-bc6722bb7fda