Jin Rong Jie·2025-08-22 10:42Group 1 - Tencent Holdings repurchased 917,000 shares at an average price of HKD 600.34 per share, totaling approximately HKD 551 million, with a cumulative repurchase of 93.526 million shares this year, representing 1.01% of the total share capital [1] - As of the market close on the same day, Tencent's stock price increased by 1.18%, closing at HKD 600.0 per share [1] - The company's stock buyback actions are seen as a sign of confidence in its own value, indicating that the current stock price is undervalued, which can enhance shareholder returns by reducing the number of shares in circulation [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 a major player in the social networking space with its platforms WeChat and QQ, which have a large user base in China [2] - In the gaming sector, Tencent has developed and operated numerous popular games, achieving significant market presence both domestically and internationally [2] - Tencent's fintech services have rapidly developed, providing convenient payment solutions and engaging in wealth management and credit services [2] - The digital content segment includes video, music, and literature, catering to diverse entertainment needs [2] - In enterprise services, Tencent is exploring cloud computing technologies to support digital transformation for businesses [2]