Core Viewpoint - In November 2025, Hong Kong stock market saw a total of 99 companies initiating share buybacks, with a cumulative repurchase of 712 million shares and a total repurchase amount of 11.742 billion HKD, representing a 43.08% decrease compared to the same period last year [1][2]. Company Summaries - Tencent Holdings, Xiaomi Group, and COSCO Shipping Holdings were among the top companies in terms of repurchase amounts in November [2]. - Xiaomi Group repurchased shares worth 1.501 billion HKD, totaling 38.5 million shares, with a minimum price of 37.38 HKD and a maximum price of 41.18 HKD [4]. - China Feihe increased its buyback efforts in November, repurchasing shares worth 673 million HKD, totaling 15.64 million shares [4]. - DeKang Agriculture conducted its first buyback of the year in November, with a repurchase amount of 59.06 million HKD and a total of 797,600 shares [4]. Industry Analysis - The companies initiating buybacks in November 2025 were primarily concentrated in the software services and other healthcare sectors [5]. - The software services industry led in both repurchase amount and number of companies, with a total buyback amount of 6.021 billion HKD and 17 companies participating [6]. - Other healthcare sector also had a significant presence, with 14 companies engaging in buybacks [8].
【读财报】港股11月回购透视：合计回购超117亿港元 德康农牧、粉笔等年内首度回购