Jin Rong Jie·2025-08-20 10:55Group 1 - Tencent Holdings repurchased 934,000 shares at an average price of HKD 589.79 per share, totaling approximately HKD 551 million, with a cumulative repurchase of 91.68 million shares this year, accounting for 0.99% of total share capital [1] - As of the market close on the same day, Tencent's stock price decreased by 0.34%, closing at HKD 590.5 per share [1] - The stock buyback activity reflects the management's positive assessment of the company's value, indicating that the current stock price is undervalued [1] Group 2 - Tencent Holdings, founded in 1998 and headquartered in Shenzhen, China, operates in various sectors including social networking, gaming, fintech, digital content, and enterprise services [2] - The company is recognized for its social platforms WeChat and QQ, which have a vast user base in China [2] - Tencent is the largest gaming company globally, known for popular games like "Honor of Kings," achieving significant success in both domestic and international markets [2] - The fintech segment, represented by WeChat Pay, plays a crucial role in mobile payments, wealth management, and credit services [2] - Tencent also offers rich digital content through platforms like Tencent Video and Tencent Music, and is expanding its enterprise services in cloud computing and artificial intelligence [2]