East Securities (03958.HK) plans to spend 250 million to 500 million yuan to repurchase A shares.

Wisdom Financial News APP reported that Oriental Securities (03958.HK) announced that, based on confidence in the development prospects of the Chinese capital market and recognition of the company's stock value, the company plans to repurchase A-shares from the secondary market through centralized competitive trading to protect the company's value and shareholder interests. The repurchase amount is expected to be between RMB 250 million and 500 million. The repurchase price of the shares shall not exceed RMB 13.5 per share (inclusive).