Core Viewpoint - J&T Express-W (01519) has seen a stock price increase of over 5% in a bearish market, currently trading at 9.57 HKD with a transaction volume of 114 million HKD, following the announcement of a share buyback plan approved by the board [1] Group 1: Share Buyback Plan - On September 17, J&T Express-W announced that the board has approved a plan to exercise a general authorization for the buyback of Class B shares, which was granted by shareholders at the annual general meeting scheduled for June 18, 2025 [1] - The board is authorized to repurchase up to 10% of the total issued Class B shares (excluding treasury shares) as of the date of the annual general meeting [1] Group 2: Business Strategy and Market Focus - The company aims to become a global logistics service provider, focusing on strengthening its market position in Southeast Asia and China while gradually enhancing its presence in new markets [1] - According to Citic Securities, the management believes that the Southeast Asian business can maintain a stable unit EBIT of 0.07 USD per order, leveraging economies of scale and rapid growth outside the Shopee platform to expand market share [1] Group 3: Market Conditions and Profitability - In the Chinese market, the management's goal is to maintain a relatively stable market share amid intense competition [1] - Citic Securities anticipates that price increases across most provinces since August will help alleviate profitability pressures for the company in China [1] - The firm expresses optimism regarding J&T Express's overseas expansion and the potential rebound of its Chinese business [1]

Core Viewpoint - J&T Express-W (01519) has seen a stock price increase of over 5% despite market conditions, currently trading at 9.57 HKD with a transaction volume of 114 million HKD. The company announced a plan to repurchase up to 10% of its B shares, which are undervalued compared to the group's performance and intrinsic value. The company aims to solidify its market position in Southeast Asia and China while expanding into new markets [1][1][1]. Group 1 - The board of J&T Express-W has approved a plan to exercise a general authorization for the repurchase of B shares, as granted by shareholders at the upcoming annual general meeting on June 18, 2025 [1][1][1]. - The company is focused on becoming a global logistics service provider, with a particular emphasis on the Southeast Asian and Chinese markets to strengthen its market position [1][1][1]. Group 2 - According to Citic Securities, the management of J&T Express believes that the Southeast Asian business can maintain a stable unit EBIT of 0.07 USD per order, and the company aims to expand its market share through economies of scale and rapid growth outside the Shopee platform [1][1][1]. - In the Chinese market, the management's goal is to maintain a relatively stable market share amid intense competition. The firm expects that price increases since August will help alleviate profitability pressures in China [1][1][1]. - Citic Securities expresses optimism regarding J&T Express's overseas expansion and the potential rebound of its Chinese business [1][1][1].

9月17日，极兔速递（01519.HK）公告，宣布建议在市场上进行股份回购计划。 （原标题：极兔速递：将斥资10亿港元回购股份） 极兔速递表示，公司认为B类股份的交易价格低估了集团的业绩及内在价值。未来公司将专注于东南亚 及中国市场，同时抓住电商平台全球扩张的机会，持续降低成本，加强品牌建设和拓展非平台客户，提 高盈利能力。建议回购计划将视市况由董事会全权酌情决定。 此举旨在通过现金对价回购不超过8.9亿股B类股份，预计最高资金总额不超过10亿港元，资金来源为公 司现有可利用的现金储备及流动现金流量。 ...

【大河财立方消息】9月17日，极兔速递环球有限公司（证券简称极兔速递）发布公告称，董事会获准回 购市场上不超过于股东周年大会当日公司已发行股份（不包括库存股份）总数10%的B类股份，拟使用的 最高资金总额不超过10亿港元。 极兔速递公告中提到，董事会认为B类股份的交易价格低估了集团的业绩及内在价值。董事会认为，建议 在市场上进行回购计划将为股东创造资本管理效益，且符合公司及股东的整体利益。 责编:李文玉 | 审核:李震 | 监审:古筝 ...

Summary of Key Points Core Viewpoint - On September 17, 28 Hong Kong-listed companies conducted share buybacks, totaling 16.7684 million shares and an aggregate amount of HKD 649 million [1][2]. Group 1: Share Buyback Details - Tencent Holdings repurchased 839,000 shares for HKD 551 million, with a highest price of HKD 663.50 and a lowest price of HKD 645.50, bringing its total buyback amount for the year to HKD 52.707 billion [1][2]. - Hang Seng Bank repurchased 200,000 shares for HKD 23.8014 million, with a highest price of HKD 119.30 and a lowest price of HKD 118.40, totaling HKD 793 million in buybacks for the year [1][2]. - Pacific Shipping repurchased 6 million shares for HKD 14.9526 million, with a highest price of HKD 2.52 and a lowest price of HKD 2.45, accumulating HKD 203 million in buybacks for the year [1][2]. Group 2: Ranking of Buybacks - The highest buyback amount on September 17 was from Tencent Holdings at HKD 551 million, followed by Hang Seng Bank at HKD 23.8014 million [1][2]. - In terms of share quantity, Pacific Shipping led with 6 million shares repurchased, followed by Linklogis Technology and Weigao Group with 2.3 million and 1.9548 million shares, respectively [1][2]. Group 3: Additional Buyback Information - Other notable companies involved in buybacks include Weigao Group, MGM China, and Jitu Express, with respective buyback amounts of HKD 11.4255 million, HKD 7.873 million, and HKD 7.8348 million [2][3]. - The buyback activity reflects a strategic move by these companies to enhance shareholder value amid market conditions [1][2].

Summary of Key Points Core Viewpoint - Multiple companies, including Tencent Holdings and Hang Seng Bank, conducted share buybacks on September 17, 2025, with Tencent leading in both the number of shares repurchased and the total amount spent. Group 1: Company Buyback Details - Tencent Holdings (00700) repurchased 839,000 shares for a total of 551 million, with a year-to-date total of 58.158 million shares, representing 0.633% of its total share capital [1][2] - Hang Seng Bank (00011) repurchased 200,000 shares for 23.8014 million, with a year-to-date total of 6.93 million shares, representing 0.368% of its total share capital [2] - Pacific Shipping (02343) repurchased 6 million shares for 14.9526 million, with a year-to-date total of 41.006 million shares, representing 0.798% of its total share capital [2] - Weigao Group (01066) repurchased 1.9548 million shares for 11.4255 million, with a year-to-date total of 14.2136 million shares, representing 3.148% of its total share capital [2] - MGM China (02282) repurchased 502,000 shares for 7.873 million, with a year-to-date total of 2.23295 million shares, representing 0.587% of its total share capital [2] Group 2: Other Notable Buybacks - Jitu Express-W (01519) repurchased 870,000 shares for 7.8348 million, with a year-to-date total of 870,000 shares, representing 0.010% of its total share capital [2] - Linkage Technology-W (09959) repurchased 2.3 million shares for 7.4586 million, with a year-to-date total of 19.9075 million shares, representing 0.932% of its total share capital [2] - Mengniu Dairy (02319) repurchased 200,000 shares for 3.074 million, with a year-to-date total of 10.816 million shares, representing 0.276% of its total share capital [2] - China Hongqiao (01378) repurchased 112,500 shares for 2.822 million, with a year-to-date total of 150 million shares, representing 1.610% of its total share capital [2] - Coolpad Group (02369) repurchased 1.348 million shares for 1.8057 million, with a year-to-date total of 23.095 million shares, representing 5.639% of its total share capital [2]

证券时报·数据宝统计，极兔速递-W在港交所公告显示，9月17日以每股8.970港元至9.030港元的价格回 购87.00万股，回购金额达783.48万港元。该股当日收盘价9.030港元，下跌2.17%，全天成交额5.41亿港 元。 今年以来该股累计进行44次回购，合计回购4627.20万股，累计回购金额2.77亿港元。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 极兔速递-W回购明细 （文章来源：证券时报网） | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.09.17 | 87.00 | 9.030 | 8.970 | 783.48 | | 2025.06.12 | 115.00 | 6.780 | 6.690 | 776.50 | | 2025.06.11 | 115.00 | 6.820 | 6.790 | 782.90 | | 2025.06.06 | 92.00 | 6.870 | 6.730 | 626.52 | | 2025.06.0 ...

格隆汇9月17日｜极兔速递(1519.HK)公告，公司董事会已批准一项计划，以行使股东授予的回购授权， 回购不超过已发行股份总数10%的B类股份，资金来源为现有现金储备及流动现金流，预计不超过10亿 港元。公司认为B类股份的交易价格低估了集团的业绩及内在价值。未来公司将专注于东南亚及中国市 场，同时抓住电商平台全球扩张的机会，持续降低成本，加强品牌建设和拓展非平台客户，提高盈利能 力。建议回购计划将视市况由董事会全权酌情决定。 ...

智通财经APP讯，极兔速递-W(01519)发布公告，于2025年9月17日，该公司斥资783.48万港元回购87万 股。 ...

格隆汇9月17日丨极兔速递-W(01519.HK)公告，9月17日耗资783.4万港元回购87万股。 ...