Xin Hua Cai Jing·2025-06-19 23:21Summary of Key Points Core Viewpoint - In May 2025, Hong Kong stock market saw a total of 91 companies initiating share buybacks, with a cumulative repurchase of 750 million shares and a total repurchase amount of 17.019 billion HKD, representing a 12.19% decrease compared to the same period last year [1][2]. Company-Specific Insights - Tencent Holdings, HSBC Holdings, and AIA Group were the top three companies in terms of repurchase amounts in May 2025, with Tencent repurchasing 9.784 million shares for 500.42 million HKD [3][2]. - Bilibili conducted its first buyback of the year on May 21, amounting to 783 million HKD for 5.5881 million shares at a price of 140.1 HKD per share [5]. - Meituan executed a buyback of 392 million HKD for 3.0187 million shares, with prices ranging from 122.6 to 132.4 HKD per share [5]. - Green Bamboo Bio repurchased 1.7592 million shares for 39.71 million HKD, with a price range of 21.95 to 23 HKD per share [6]. Industry Analysis - The majority of companies initiating buybacks in May 2025 were concentrated in the software services, healthcare equipment and services, and media and entertainment sectors [7][10]. - The software services sector led in both repurchase amount and number of companies, totaling 51.04 billion HKD with 14 companies participating [9]. - The healthcare equipment and services sector also had a significant presence, with 11 companies conducting buybacks [10].