港股科网股下跌，京东(09618.HK)、快手(01024.HK)跌超3%，哔哩哔哩(09626.HK)跌2.5%，美团 (03690.HK)跌2.3%，腾讯控股(00700.HK)跌超2%。 ...

Core Viewpoint - Tencent Music's acquisition of Ximalaya Inc. signifies a strategic move to strengthen its position in the long-form audio content market, despite the current popularity of short videos [2][3]. Company Overview - Tencent Music Entertainment Group (TME) is China's leading online music streaming platform, and it plans to acquire Ximalaya, a prominent audio platform, to enhance its long-form audio offerings [3][4]. - The acquisition will involve a payment of $1.26 billion, which will account for up to 5.2% of Tencent Music's share capital, with additional shares contingent on performance goals [4]. Ximalaya's Market Position - Ximalaya holds a significant share of the online audio market in China, accounting for 25% of the market based on revenue in 2023, and has over 600 million users [7][8]. - The platform has faced challenges, including a combined loss of 3.17 billion yuan ($440 million) from 2018 to 2022, but turned a profit of 3.74 billion yuan in 2023 due to cost-cutting measures [8][9]. Strategic Implications - The acquisition will enhance Tencent Music's content library, adding over 5.2 million audiobooks and 240,000 podcast shows, which will help address its weaknesses in the long-form audio segment [11][12]. - Ximalaya's existing partnerships with over 80 car manufacturers, including Tesla and Nio, will provide Tencent Music with access to the in-vehicle audio market [12]. Financial Performance - Tencent Music reported a revenue of 7.36 billion yuan in Q1 2023, an increase of 8.7% year-on-year, with a net profit rise of 22.8% to 2.23 billion yuan, although it lost 20 million monthly active users during the same period [13]. Market Reactions - Following the announcement of the acquisition, Tencent Music's U.S. stock initially rose by 8% but closed down 0.92%, indicating mixed investor sentiment [15]. - Concerns regarding potential regulatory scrutiny over the acquisition may have contributed to the cautious market response [15]. Future Outlook - The deal is expected to diversify Tencent Music's content offerings and potentially boost profits, with investment bank CICC maintaining an "overperform" rating on the company [16]. - Tencent Music's current P/E ratio of approximately 21.8 times suggests it still holds investor appeal, and successful integration of Ximalaya's content could lead to a new growth phase for the company [17].

（文章来源：证券时报网） 今年以来该股累计进行47次回购，合计回购7395.70万股，累计回购金额325.37亿港元。（数据宝） 腾讯控股回购明细 | 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） | | --- | --- | --- | --- | --- | | 2025.06.18 | 99.00 | 510.000 | 503.500 | 50071.13 | | 2025.06.17 | 98.00 | 514.000 | 507.000 | 50046.48 | | 2025.06.16 | 98.50 | 511.000 | 505.000 | 50014.39 | | 2025.06.13 | 98.20 | 515.000 | 506.500 | 50038.28 | | 2025.06.12 | 97.50 | 518.000 | 508.000 | 50031.85 | | 2025.06.11 | 96.90 | 518.000 | 514.500 | 50052.03 | | 2025.06.10 | 97.30 | 520.0 ...

Group 1 - Southbound funds recorded a small net purchase of 12.42 million HKD today [1] - China Construction Bank, Shandong Molong, and United Energy Group received net purchases of 2.1 million HKD, 0.27 million HKD, and 0.25 million HKD respectively [1] - Tencent Holdings experienced the highest net sell-off, amounting to 6.13 million HKD [1]

Global investors have largely written off Chinese platform stocks over the past three years, but Tencent’s ( OTCPK:TCEHY ) 2024 results show a business that never stopped compounding and is now accelerating out"AWS Certified AI Practitioner Early Adopter"I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I have increasingly deep knowledge on the science beh ...

港股低开低走，恒指跌超1%，恒生科技指数跌1.5%，科网股走低，快手(01024.HK)、哔哩哔哩 (09626.HK)跌超3%，美团(03690.HK)、阿里巴巴(09988.HK)跌2.6%，腾讯控股(00700.HK)跌1.5%。 ...

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities. The technology firm is now looking to bring that expertise to Europe as it ramps up expansion of its cloud business overseas, Dowson Tong, CEO of Tencent's cloud group told CNBC. "We have strengths and competence in very specific technolog ...

Summary of Key Points Core Viewpoint - On June 13, 37 Hong Kong-listed companies conducted share buybacks, totaling 17.29 million shares and an aggregate amount of 733 million HKD [1][2]. Group 1: Buyback Details - Tencent Holdings repurchased 982,000 shares for 500 million HKD, with a highest price of 515.000 HKD and a lowest price of 506.500 HKD, bringing its total buyback amount for the year to 31.035 billion HKD [1][2]. - AIA Group repurchased 2.5 million shares for 173 million HKD, with a highest price of 69.850 HKD and a lowest price of 68.600 HKD, totaling 12.799 billion HKD in buybacks for the year [1][2]. - Andeli Juice repurchased 750,000 shares for 12.71 million HKD, with a highest price of 17.100 HKD and a lowest price of 16.200 HKD, marking its total buyback amount for the year at 12.71 million HKD [1][2]. Group 2: Notable Buybacks - The highest buyback amount on June 13 was from Tencent Holdings at 500 million HKD, followed by AIA Group at 173 million HKD [1][2]. - In terms of share quantity, AIA Group had the highest buyback with 2.5 million shares, followed by Yongda Automotive and COSCO Shipping with 1.9 million shares and 1.736 million shares, respectively [1][2]. Group 3: First-Time Buybacks - Notably, Andeli Juice and China Electric Valley conducted their first buybacks of the year on this date [2].

Group 1 - The Hong Kong stock market opened lower on June 13, with technology stocks declining and gold stocks rising, while rare earth and new consumption concepts saw some gains [1] - Tencent Holdings has initiated a new round of share buybacks, accumulating a total of HKD 95.09 billion over 19 trading days since May 19, with a total buyback amount of HKD 305.35 billion for the year to date [1] - The increase in share buybacks among Hong Kong-listed companies suggests that firms believe their valuations are significantly undervalued by the market, as indicated by the current valuation of the Hang Seng Technology Index ETF (513180) being at a low percentile compared to its historical data [1] Group 2 - The Hang Seng Technology Index ETF (513180) leads in both scale and liquidity among its peers in the A-share market, supporting T+0 trading [2] - The ETF combines hard technology and new consumption attributes, focusing on AI core assets and including major companies like Alibaba, Tencent, Xiaomi, Meituan, and BYD, which are positioned as potential "seven giants" of Chinese technology stocks [2] - Over half of the ETF's weight is in sectors such as e-commerce, automotive, home appliances, and travel, featuring companies like NIO, Li Auto, Xiaomi, and leading home appliance brands like Haier and Midea [2]

Group 1 - The company Tencent Holdings repurchased approximately 969,000 shares at a cost of about HKD 500.5 million on June 11 [1]