Chinese stocks have been battered in the last year between regulatory fears, concerns around China’s zero-tolerance COVID-19 policy, the recent escalation of the potential delisting of Chinese companies from U.S. exchanges, and the broad geopolitical tensions revolving around Russia’s invasion of Ukraine. Despite investor sentiment reflected in the current deep valuations, Chinese companies continue to believe that their fundamentals are strong and are doubling down with buybacks and one-time dividend payments for shareholders, reports the Wall Street Journal.
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