While Tencent is buying Since 2025, Tencent’s stock price has fallen by more than 10% at one point. In the past two days,
Tencent spent approximately HK$3.004 billion to repurchase 8.06 million shares of the company .
On January 8, it spent HK$1.503 billion to repurchase montserrat email list 150000 contact leads 4.05 million shares of the company’s stock, with
a repurchase price of HK$366379.2 per share; on January 9, it spent approximately HK$1.501 billion
to repurchase 4.01 million shares of the company’s stock, with a repurchase price of HK$365379.2 per share.
It is also cashing out from the two companies it invest in. On January 9, documents from the Hong Kong Stock Exchange show that Tencent Holdings’ shareholding in WeMall Group fell from 8.39% to 2.94%; its shareholding in UBTECH Robotics decreas from 8.05% to 2.08%, cashing out a total of HK$1.67 billion.
In 2024, Tencent Holdings repurchas a total of 307 million shares for a total amount of HK$112 billion.
Wind data statistics show that as of December 31, 2024, approximately 281 Hong Konglist companies
carri out repurchases throughout the year, with a cumulative repurchase amount of HK$265.7 billion, a historical high, which is 1 times higher than the repurchase amount in 2023.
After four consecutive years of decline
Hong Kong stocks finally clos in the green in 2024. Among structuring campaigns based on local specialties them, the Hang Seng Index rose 17.67% to
20,059.95 points, holding the 20,000 mark; the Hang Seng Technology Index rose 18.7%; and the CSI 300 Index rose 26.37%.
At the beginning of 2025, southbound funds rush into Hong Kong stocks, with net purchases of up to HK$60 billion in 6 trading days. In 2024, southbound funds had a net purchase of Hong Kong stocks totaling HK$807.864 billion, 2.5 times the inflow scale in 2023 and the largest annual inflow scale since 2014.
Insurance funds swept up bank stocks
Ping An Group has made several moves recently and trust review significantly increas its holdings in the banking sector.
Agricultural Bank of China announc on January 8 that Ping An Asset Management increas its holdings of Agricultural Bank of China H shares on January 3. After the increase, Ping An Asset Management’s shareholding ratio increas from 4.97% to 5.03% While Tencent is buying.
