Chinese Share Buybacks Surge as Iran War Jolts Global Markets

China’s listed companies announced the most share buybacks in almost a year last month as the escalating war in Iran drove down stock prices.

A total of 43 Shanghai- and Shenzhen-listed firms pledged in March to repurchase a combined 25.6 billion yuan ($3.7 billion) of shares, according to data compiled by Bloomberg. That was the largest monthly total since 67.6 billion yuan of buybacks were announced in April last year when shares tumbled after US President Donald Trump unveiled higher global tariffs.