On the morning of Nov. 4, memory maker ChangXin Memory Technologies raised its
buyback cap to 5.0 bln yuan, an increase of 3.0 bln yuan from its prior plan —
the largest single repurchase on the STAR Market to date. An incomplete tally as
of Nov. 4 shows 42 STAR Market semiconductor firms have disclosed buyback plans
this year with combined caps of 13.0 bln yuan; 24 of those were newly announced
since October with combined caps of 10.65 bln yuan. Separately, shareholder and
top-executive planned purchases for STAR Market semiconductor firms total up to
1.25 bln yuan year-to-date (cap basis).
