Summary of Key Points Core Viewpoint - The company, Lianyi Rong Technology-W, has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and potentially signal confidence in its stock performance [2][3]. Share Buyback Activity - On September 19, the company repurchased 2.03 million shares at a price range of HKD 3.270 to HKD 3.420, totaling HKD 6.9061 million. The stock closed at HKD 3.400, reflecting a 4.29% increase, with a total trading volume of HKD 69.8086 million for the day [2]. - Since September 11, the company has conducted share buybacks for seven consecutive days, accumulating a total of 13.4455 million shares repurchased, with a total expenditure of HKD 43.7535 million. During this period, the stock price has risen by 6.58% [2]. - Year-to-date, the company has executed 15 buyback transactions, repurchasing a total of 25.2635 million shares for a cumulative amount of HKD 74.7077 million [3]. Detailed Buyback Data - The buyback details for September 19 include: - Shares repurchased: 203,000 - Highest price: HKD 3.420 - Lowest price: HKD 3.270 - Total amount spent: HKD 690.61 thousand [3]. - A summary of the buyback activities from September 1 to September 19 shows consistent repurchase activity, with varying amounts and prices, indicating a strategic approach to managing share supply and market perception [3].

联易融科技-W(09959)发布公告，于2025年9月19日斥资690.6万港元回购203万股。 ...

格隆汇9月19日丨联易融科技-W(09959.HK)发布公告，2025年9月19日耗资690.61万港元回购203万股， 回购价格每股3.27-3.42港元。 ...

智通财经APP讯，联易融科技-W(09959)发布公告，于2025年9月19日斥资690.6万港元回购203万股。 ...

公司名稱： 聯易融科技集團（於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年9月19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 。 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 | 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 B | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 09959 | 說明 普通股 | | | | | | | 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 | | | ...

Group 1 - As of September 19, 93 stocks reached their 52-week highs, with Huake Intelligent Investment (01140), Xincheng Power (01148), and Huashang Energy (00206) leading the increase rates at 22.30%, 20.00%, and 17.65% respectively [1] - The closing prices for the top three stocks that reached new highs are Huake Intelligent Investment at 0.170, Xincheng Power at 0.300, and Huashang Energy at 0.305 [1] - Other notable stocks that reached new highs include Handa Fu Holdings (01348) with a high rate of 16.89% and Meijiehui Holdings (01389) at 13.75% [1] Group 2 - The report also lists stocks that reached their 52-week lows, with Shanga Holdings (00412) experiencing the largest decline at -34.98%, followed by Huaying Construction (01582) at -21.47% [3] - The closing price for Shanga Holdings is 3.360, while Huaying Construction closed at 0.360 [3] - Other stocks with significant declines include China Information Technology Equity (08568) at -17.74% and Tai Hing Properties (00277) at -11.90% [3]

Core Viewpoint - The stablecoin concept is experiencing a rise in various companies, driven by the Hong Kong government's push for tokenized deposits and asset transactions [1] Group 1: Market Performance - Multiple companies in the stablecoin sector have seen significant stock price increases, including: - Multi-Point Intelligence (02586) up 6.09% to HKD 10.46 - Yao Cai Securities Financial (01428) up 5.85% to HKD 9.95 - OSL Group (00863) up 5% to HKD 14.17 - Lianyi Rong Technology-W (09959) up 3.07% to HKD 3.36 - Yunfeng Financial (00376) up 2.25% to HKD 5.9 [1] Group 2: Government Initiatives - On September 17, Hong Kong Chief Executive John Lee presented his fourth policy address, indicating that the Hong Kong Monetary Authority will promote commercial banks to launch tokenized deposits and facilitate real tokenized asset transactions [1] - The initiatives include using tokenized deposits for settling tokenized money market funds, assisting the government in normalizing tokenized bond issuance, and encouraging banks to enhance risk management through regulatory sandboxes [1] Group 3: Industry Outlook - According to Everbright Securities, third-party payment institutions have become deeply embedded in the payment service ecosystem, playing a crucial role in cross-border RMB settlement and multi-currency transactions [1] - The expectation is that stablecoins will drive the global expansion of RMB cross-border payment infrastructure and diversify application scenarios, leading to potential revenue growth for third-party payment companies [1]

Group 1 - The core point of the article is that Lianyi Rong Technology-W has been actively repurchasing its shares, indicating a strategy to support its stock price amidst market fluctuations [2][3] - On September 18, the company repurchased 2.28 million shares at a price range of HKD 3.200 to HKD 3.410, totaling HKD 7.4806 million [2] - Since September 11, the company has conducted share buybacks for six consecutive days, accumulating a total of 11.4155 million shares repurchased, with a total expenditure of HKD 36.8474 million [2] Group 2 - Year-to-date, the company has completed 14 share repurchase transactions, totaling 23.2335 million shares and an aggregate amount of HKD 67.8016 million [3] - A detailed breakdown of the recent buybacks shows varying prices and amounts, with the highest repurchase price recorded at HKD 3.410 on September 18 [3] - The stock price experienced a cumulative increase of 2.19% during the recent buyback period, despite a daily drop of 2.69% on September 18 [2]

呈交日期： 2025年9月18日 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： 聯易融科技集團（於開曼群島註冊成立以不同投票權控制的有限公司) 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 B | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 09959 | 說明 普通股 | | | | | | | 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 | | | ...

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].