Hangzhou SF Intra-city Announces Share Repurchases

Hangzhou SF Intra-city Industrial Co., Ltd. Class H (HK:9699) has released an update.

Hangzhou SF Intra-city Industrial Co., Ltd. has disclosed a series of share repurchases that occurred between November 30 and December 27, 2023, according to a recent filing. These buybacks represent a minor percentage increase in the company’s issued share capital, with each individual repurchase amounting to less than 0.1% of the existing shares. The repurchased shares have not been cancelled, indicating a potential strategic move by the company to enhance shareholder value.

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