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    Large share buybacks look unlikely, say experts

    By Yu Ran in Shanghai | China Daily | Updated: 2013-05-07 07:10

    The stock market is unlikely to see a surge of listed companies increasing their own holdings, often a sign that shareholders are gaining confidence in the market and that they consider their stock undervalued, according to experts.

    "The slowdown of the economy in 2012 caused a slump in the performance of certain listed companies, causing some share prices to drop. Company performances are expected to continue to be weaker this year," said Hu Zhuowen, an analyst from Orient Securities.

    "There are not many companies increasing their holdings at the moment, but in comparison far fewer listed companies are decreasing the holdings," said Hu.

    Large share buybacks look unlikely, say experts

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