Jin Rong Jie·2025-08-20 10:55Group 1 - Hang Seng Bank repurchased 200,000 shares at an average price of HKD 111.85 per share, totaling approximately HKD 22.37 million, with a cumulative repurchase of 2.8 million shares this year, representing 0.14% of total share capital [1] - As of the market close on the same day, Hang Seng Bank's stock price increased by 0.63%, closing at HKD 112.3 per share [1] - The bank's share buyback is seen as a positive signal regarding its value, potentially increasing earnings per share and stabilizing stock prices amid market fluctuations [1] Group 2 - Hang Seng Bank, established in 1933, is one of the largest listed banks in Hong Kong, providing a wide range of financial services including retail banking, commercial banking, wealth management, and private banking [2] - The bank has a comprehensive branch network in Hong Kong, facilitating daily financial transactions for citizens, and supports local businesses and multinational corporations through its commercial banking services [2] - In wealth management and private banking, Hang Seng Bank serves high-net-worth individuals with asset allocation advice and investment product sales, holding a significant position in Hong Kong's financial market [2]