腾讯市值重新站上5万亿港元，年内回购已超400亿港元

Group 1 - Tencent's stock price reached a nearly four-year high of 560 HKD per share on July 24, with a market capitalization exceeding 5 trillion HKD [1] - The stock price has increased over 30% year-to-date, with significant gains observed among other Hong Kong-listed tech companies [1] - In the 2025 Fortune China 500 rankings, Tencent ranked 32nd, up six places from the previous year, and was the sixth most profitable company with a projected net profit of over 26.9 billion USD for 2024, reflecting a year-on-year growth of over 65% [1] Group 2 - Tencent's total revenue for 2024 is projected to be 660.26 billion CNY, an 8% year-on-year increase, with adjusted net profit expected to reach 222.7 billion CNY, a 41% increase [1] - The company reported a revenue of over 180 billion CNY in Q1, supported by high-margin gaming and advertising businesses, achieving a gross profit exceeding 100 billion CNY and a gross margin of 56% [1] Group 3 - Tencent's capital expenditure for 2024 is expected to exceed 76.7 billion CNY, a 221% increase year-on-year, with R&D investment reaching 70.69 billion CNY [2] - In Q1, capital expenditure was 27.48 billion CNY, a 91% increase, accounting for 15% of revenue, while R&D investment was 18.91 billion CNY, a 21% increase [2] - The company continues to focus on AI investments, leveraging existing high-quality revenue to manage additional costs [2] Group 4 - Tencent has been the leading stock repurchaser in Hong Kong, with a total buyback of 88.88 million shares and a repurchase amount of 40.043 billion HKD this year [2] - The buyback amounts have significantly increased over the past three years, with 2024's buyback amount reaching 112 billion HKD, and a plan to repurchase at least 80 billion HKD worth of shares in 2025 [3]