China's XD Inc climbs most in five months on share buyback plan
11/06/2026 03:47
BUZZ-China's XD Inc climbs most in five months on share buyback plan ** Shares of XD Inc 2400.HK climb 6.6% to HK$52.5, post their biggest intraday pct gain since January 28
** Stock hits its highest point since June 5
** XD Inc, a Chinese mobile and website games developer and publisher, says it has entered into a share buyback agreement with an independent broker to purchase up to HK$400 million ($51.05 million) worth of company's shares on the stock exchange
** The duration of the automatic share buyback programme will be five months, says company
** YTD, stock down 22.7%, Hang Seng TECH Index .HSTECH down 16.5%
($1 = 7.8352 Hong Kong dollars)
(Reporting by Donny Kwok)