Chinese brokerages and numerous listed companies in China have joined forces to stabilize the country's stock market amidst the escalating trade tensions. The Shanghai Stock Exchange recently convened a meeting with 10 brokerages to emphasize the importance of market stability in light of external pressures. Participants, including Citic Securities and Orient Securities, expressed confidence in China's growth outlook and committed to supporting market stability. With the United States announcing increased tariffs on Chinese imports, efforts by Chinese authorities, such as Central Huijin and state-backed investors, have intensified to mitigate the negative impact. Over 100 Chinese listed companies have announced plans for share purchases or buybacks to restore market confidence as stock prices plummeted to a six-month low. Companies like Sanyi Heavy Industry Co and XCMG Construction Machinery have already initiated buyback programs, while more than 20 state-controlled companies, including PetroChina and Sinopec, have unveiled similar plans under the guidance of China's state asset regulator.