A-share dividend, buyback, and shareholding increase wave surges as listed companies solidify the foundation for value investing.

Data shows that as of October 18, when the reporter filed the story, 3,734 A-share listed companies had implemented dividend distributions since the beginning of this year, with total cash dividends exceeding 2 trillion yuan. At the same time, listed companies have been intensive in share buybacks and increased holdings, and their awareness of giving back to investors has significantly strengthened. Regulatory authorities recently made it clear that they will guide listed companies to enhance their own value through equity incentives, dividends and buybacks, vigorously urge and guide listed companies to strengthen their awareness of investor returns, and enhance the sustainability, timeliness and predictability of investor returns, so as to better safeguard the legitimate rights and interests of the broad masses of small and medium-sized investors. Market participants believe that more listed companies and shareholders are expected to continue to increase the intensity of dividends, buybacks and increased holdings. While improving their market value management capabilities and willingness, this will form a positive cycle among shareholder rights, listed company market value and shareholder structure optimization.