Chinese companies rush to serve up sunny news in rocky markets

Hong Kong's dismal Monday followed by spate of share buybacks, positive disclosures

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HKEX in Hong Kong: Listed companies have lined up to announce share buybacks and cheery corporate news in hopes of calming jittery markets. (Photo by Ken Kobayashi)

KENJI KAWASE

TOKYO -- After Hong Kong's stock market opened the week as one of the worst performers amid a trade war-induced global sell-off, numerous listed companies scrambled to announce share buybacks and positive messages that could help calm investors.

Nikkei Asia spotted well over a dozen Hong Kong-listed company disclosures on share repurchases, strong recent performances and assurances about the impact of U.S. President Donald Trump's policies.

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