Group 1 - The company, Beike-W (02423), announced a share buyback plan on October 6, 2025, involving an expenditure of $4.3805 million to repurchase 696,900 shares [1]

贝壳-W(02423)发布公告，于2025年10月6日，该公司斥资438.05万美元回购69.69万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年10月8日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（ ...

Core Viewpoint - Multiple companies in Hong Kong conducted share buybacks on October 3, 2025, with Tencent Holdings leading in both the number of shares repurchased and the total amount spent [1][2]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 817,000 shares for a total of 550 million [2]. - Hang Seng Bank (00011) repurchased 200,000 shares for 23.86 million [2]. - Cloud Village (N23027) repurchased 2,235,000 shares for 10.72 million [2]. - Yum China (09987) repurchased 19,000 shares for 6.28 million [2]. - Mengniu Dairy (02319) repurchased 400,000 shares for 5.90 million [2]. Group 2: Cumulative Buyback Data - Tencent Holdings has a cumulative buyback of 67.44 million shares, representing 0.734% of its total share capital [2]. - Hang Seng Bank has a cumulative buyback of 8.93 million shares, representing 0.474% of its total share capital [2]. - Cloud Village has a cumulative buyback of 8.34 million shares, representing 1.814% of its total share capital [2]. - Yum China has a cumulative buyback of 9.18 million shares, representing 2.460% of its total share capital [2]. - Mengniu Dairy has a cumulative buyback of 14.52 million shares, representing 0.371% of its total share capital [2].

智通财经APP讯，贝壳-W(02423)发布公告，于2025年10月3日，该公司斥资500万美元回购79.67万股。 ...

Group 1 - The company Beike-W (02423) announced a share buyback plan, committing to repurchase 796,700 shares for a total expenditure of $5 million [1]

格隆汇10月6日丨贝壳-W(02423.HK)发布公告，2025年10月3日耗资500万美元回购79.67万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) FF305 FF305 | 13). | 購回股份(或其他證券)但沒有註銷 | | 675,684 | % | USD | 6.6599 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2025年9月18日 | | | | | | 14). | 購回股份(或其他證券)但沒有註銷 | | 676,950 | % | USD | 6.6463 | | | 變動日期 | 2025年9月19日 | | | | | | 15). | 購回股份(或其他證券)但沒有註銷 | | 690,450 | % | USD | 6.5175 | | | 變動日期 | 2025年9月22日 | | | | | | 16). | 購回股份(或其他證券)但沒有註銷 | | 708,750 | % | USD | 6.3492 | | | 變動日期 | 2025年9月23日 | | | | | | 17). | 購回股份(或其他證券)但沒有註銷 | | 697,248 ...

Core Insights - Short-seller reports can significantly disrupt a public company's trajectory by alleging financial misstatements or improper practices, often leading to a decline in stock prices for the benefit of the short-sellers [1][2] - The legal landscape surrounding short-seller reports is evolving, with courts increasingly allowing these reports to be used in securities litigation, which poses challenges for corporate leaders [2][3] Impact on Companies - The publication of short-seller reports can lead to immediate market volatility, eroding shareholder value and destabilizing investor relations [6] - Companies face multi-dimensional threats from short-seller reports, including potential litigation and reputational damage [4][6] Legal Considerations - Courts assess whether short-seller reports reveal genuinely new and credible information or merely compile existing data, impacting their admissibility in legal claims [3][5] - Recent court decisions indicate that while skepticism exists regarding short-seller reports, they can still be used to support claims of loss causation in securities litigation [5] Recommended Actions for Companies - Companies should annotate short reports under attorney direction to preserve legal protections and guide internal responses [7] - Public responses to short-seller reports should be carefully evaluated to avoid backlash, and offensive strategies may be employed selectively [8] - Monitoring stock price movements and trading activity is crucial, as courts often consider market reactions as evidence of loss causation [9][10] - Tracking short interest and derivatives activity can help identify coordinated short-selling campaigns [11] - Engaging specialized legal counsel with expertise in short-seller defense early in the process is essential for effective response [12] - Boards of directors should be promptly informed and involved in oversight to protect the company's interests [17] - Proactive communication with long-term investors and sell-side analysts can help mitigate reputational harm and counteract short-seller narratives [18] Conclusion - The prevalence of short-seller reports is expected to continue, and companies that implement strategic responses will be better positioned to maintain their trajectory and protect shareholder interests [19]

贝壳-W(02423)发布公告，该公司于2025年10月2日斥资500万美元回购79.36万股股份，每股回购价格为 6.25-6.4美元。 ...