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HSBC Holdings announces significant share buybacks and new mortgage market measures

HSBC Holdings has repurchased approximately 7.76 million shares for $594 million year-to-date, with an additional buyback of over 7.21 million shares for HKD 548 million. The bank has also acquired around 9.63 million shares this year for a total of $727 million. New measures by HKMA and PBOC aim to enhance the Hong Kong mortgage finance market, while liquidity arrangements for RMB trade financing are set to launch by the end of February.

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