Jin Rong Jie·2025-08-01 12:24Group 1 - The core viewpoint of the news is that Hang Seng Bank has repurchased 200,000 shares at an average price of HKD 112.96 per share, totaling approximately HKD 22.59 million, which represents 0.01% of its total share capital for the year [1] - As of the closing on the same day, Hang Seng Bank's stock price decreased by 1.48%, closing at HKD 112.9 per share [1] - The bank's share buyback is seen as a positive market signal, indicating management's confidence in the company's financial health and belief that the stock is undervalued [1] Group 2 - Hang Seng Bank, founded on March 3, 1933, is the second-largest listed bank in Hong Kong, offering a wide range of services including retail banking, wealth management, commercial banking, and global banking and capital market services [2] - The bank has a long-standing presence in the Hong Kong financial market, known for its sound operating strategies, strong risk management capabilities, and high-quality customer service [2] - Hang Seng Bank provides comprehensive financial products and services to both individual and corporate clients, including savings, loans, credit cards, investments, and insurance [2]