# Chery steps up share buybacks after Hong Kong listing > On November 2, 2026, Chery Automobile bought back 221,000 of its own shares for 5.2076 million Hong Kong dollars. The same day, the automaker published its first financial report since its Hong Kong listing, marked by a foreign exchange loss of 31.71 billion yuan over nine months. On November 3, Citi slightly lowered its price target to 42 Hong Kong dollars while reiterating its buy recommendation, while Chery bought back 751,600 shares for around 17.94 million Hong Kong dollars. On November 4, GF Securities maintained its buy recommendation with a target of 32.06 Hong Kong dollars after a 15.79% increase in quarterly net profit, and Chery raised its buybacks to 1.4523 million shares over three consecutive days. **In brief**: Ongoing story bringing together 7 events involving Chery and Chery Automobile, in 2 countries (Chine, R.A.S. chinoise de Hong Kong), followed from 2 November 2026 to 4 November 2026. 10 articles from 1 source (plants, jobs and earnings); last updated on 4 November 2026 at 14:22. Figures reported: 14523 vehicles. - Status: ongoing - Scope: National (China) - Category: Plants, jobs and earnings - Countries: Chine, R.A.S. chinoise de Hong Kong - Brands: Chery, Chery Automobile - First detected: 2 November 2026 at 11:49 - Updated: 4 November 2026 at 14:22 - Web page: https://mecapress.com/stories/178-chery-steps-up-share-buybacks-after-hong-kong-listing ## Sources by country and language - China: 10 articles, 6 outlets **Languages**: Chinese (10) ## Timeline (7 events) ### 2 November 2026 — [Chery buys back HK$5.2 million worth of its own shares](https://mecapress.com/events/2154-chery-buys-back-hk-5-2-million-worth-of-its-own-shares.md) Chery Automobile repurchased 221,000 of its shares for an amount of 5.2076 million Hong Kong dollars on November 2. 1 sources, 1 articles · Chine, R.A.S. chinoise de Hong Kong ### 2 November 2026 — [Chery publishes first financial report after Hong Kong listing](https://mecapress.com/events/2466-chery-publishes-first-financial-report-after-hong-kong-listing.md) Chery unveils its first report since its Hong Kong listing, marked by an exchange loss of 31.71 billion yuan over nine months, placed within the context of its globalization strategy. 1 sources, 2 articles · Chine, R.A.S. chinoise de Hong Kong ### 3 November 2026 — [Citi slightly lowers price target for Chery](https://mecapress.com/events/2965-citi-slightly-lowers-price-target-for-chery.md) Citi has slightly reduced its price target for Chery to HK$42 while reiterating its buy recommendation. 1 sources, 1 articles · Chine, R.A.S. chinoise de Hong Kong ### 3 November 2026 — [Chery rachète 751 600 de ses propres actions pour 17,9 millions de dollars hongkongais](https://mecapress.com/events/3156-chery-rachete-751-600-de-ses-propres-actions-pour-17-9-millions-de-dollars.md) Chery Automobile a racheté 751 600 titres pour environ 17,94 millions de dollars hongkongais le 3 novembre 2026, poursuivant son programme de rachat d'actions après son introduction à Hong Kong. 1 sources, 3 articles · Hong Kong — Chine, R.A.S. chinoise de Hong Kong ### 4 November 2026 — [Chery : bénéfice net en hausse de 15,79 % au troisième trimestre 2026](https://mecapress.com/events/3768-chery-benefice-net-en-hausse-de-15-79-au-troisieme-trimestre-2026.md) Le courtier GF Securities maintient sa recommandation d'achat sur Chery avec un objectif de 32,06 dollars hongkongais, après un bénéfice net trimestriel en hausse de 15,79 %. 1 sources, 1 articles · Chine, R.A.S. chinoise de Hong Kong ### 4 November 2026 — [GF Securities maintains buy recommendation on Chery](https://mecapress.com/events/3879-gf-securities-maintains-buy-recommendation-on-chery.md) GF Securities maintains its 'buy' rating on Chery Automobile with a fair value of 32.06 Hong Kong dollars per share. 1 sources, 1 articles · Chine, R.A.S. chinoise de Hong Kong ### 4 November 2026 — [Chery rachète 1,45 million de ses actions sur trois jours consécutifs](https://mecapress.com/events/4209-chery-rachete-1-45-million-de-ses-actions-sur-trois-jours-consecutifs.md) Chery Automobile a racheté ses propres actions pendant trois jours consécutifs, pour un total cumulé de 1,4523 million de titres. 1 sources, 1 articles · Chine, R.A.S. chinoise de Hong Kong --- Cite as: Mecapress, “Chery steps up share buybacks after Hong Kong listing”, https://mecapress.com/stories/178-chery-steps-up-share-buybacks-after-hong-kong-listing Methodology: https://mecapress.com/methodology