Performance turned from loss to profit, Shanshui Holdings (00412.HK) announced a maximum of 1 billion US dollars buy-back plan.

According to the Chinese financial news app, Wise Finance, Shang High Holdings (00412.HK) announced that its board of directors has been authorized by shareholders on June 6, 2025 to repurchase up to 10% of the issued shares. The board of directors has decided to authorize the management to execute a share repurchase plan at the appropriate time. The repurchase price will not exceed HK$17 per share, with a total amount not exceeding US$100 million. The funds will come from the company's existing cash flow or operating funds.