Haitian repurchases 18.35 million shares. Haitian stock sits 21.44 percent below its high

Published on 10/09/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached CNY 16.15 billion, up 6.00 percent year on year. For Haitian stock this means CNY 4.19 billion in net profit.

Haitian repurchased 18.35 million shares in September 2026 for CNY 625 million.
The cumulative buyback reached CNY 755 million by September 30, 2026.
First-half 2026 revenue rose 6.00 percent to CNY 16.15 billion, while net profit increased 7.20 percent to CNY 4.19 billion.
Haitian stock was last quoted at CNY 33.17 on the Shanghai Stock Exchange on September 30, 2026.

Haitian, CNE100001SL2, Illustration mit AI erstellt.

Haitian repurchased 18.35 million shares in September 2026 for CNY 625 million, taking its cumulative buyback to CNY 755 million. MarketDX reported the figures on October 8, 2026. Haitian stock was last quoted at CNY 33.17 on the Shanghai Stock Exchange on September 30, 2026, 21.44 percent below the CNY 42.22 52-week high.

What does the buyback change?

The September purchases represented 18.352 million shares and more than 80.00 percent of the cumulative volume, according to MarketDX. The reported repurchase prices ranged from CNY 32.94 to CNY 37.37, giving the program a direct link to the stock's recent trading levels.

Three events shaped 2026

On August 26, 2026, Haitian reported first-half revenue of CNY 16.15 billion and net profit attributable to shareholders of CNY 4.19 billion. On September 11, 2026, the company acquired Amoy Food from Trustar Capital, as MarketScreener reported. The October 8, 2026 buyback update is the latest of the three events.

Revenue growth meets cautious forecasts

Yahoo Finance reported that first-half revenue rose 6.00 percent from CNY 15.23 billion, while operating profit increased to CNY 4.96 billion from CNY 4.66 billion. Net profit attributable to shareholders grew 7.20 percent, a faster rate than revenue growth and an important counterweight to the cautious market outlook.

Goldman Sachs expected Haitian's third-quarter 2026 sales growth at 0.50 percent and net profit growth at minus 0.90 percent, while cutting its H-share target from HKD 39.80 to HKD 35.20 on September 30, 2026, according to Futunn. The contrast is clear: the first-half figures show improving profit conversion, while the forecast points to weaker near-term sales momentum.

Trading level remains below the yearly high

Haitian stock stood at CNY 33.17 on the Shanghai Stock Exchange on September 30, 2026, compared with a 52-week range of CNY 32.44 to CNY 42.22. The 21.44 percent gap to the high gives the buyback a measurable valuation context, while the September purchase range reached as high as CNY 37.37.