A CSRC official said the regulator will, after further study, expedite revisions
to listed-company share repurchase rules to strengthen constraints on buybacks
intended to prop up prices. Before formal rule changes, the CSRC will step up
coordinate with relevant parties eligible and support, encourage and urge
listed companies—especially major index constituents and leading technology
names—to actively implement buybacks in line with the forthcoming requirements
and continue market-value management.
