Jin Rong Jie·2025-08-25 12:51Group 1 - Tencent Holdings repurchased 895,000 shares at an average price of HKD 615.37 per share, totaling approximately HKD 551 million, with a cumulative repurchase of 94.42 million shares this year, accounting for 1.02% of total share capital [1] - As of the market close on the same day, Tencent's stock price increased by 2.42%, closing at HKD 614.5 per share [1] - The repurchase activity indicates management's confidence in the company's future prospects and suggests that the stock is undervalued in the market [1] Group 2 - Tencent is a globally influential technology company founded in 1998 and headquartered in Shenzhen, China [2] - The company operates in various sectors, with core businesses including social media platforms like WeChat and QQ, which have a large user base and high user engagement [2] - Tencent is a leading game developer and publisher globally, with a diverse portfolio of well-known games across mobile and PC platforms [2] - The company also has extensive operations in fintech, digital content, and enterprise services, leveraging strong R&D capabilities and innovative business models [2]