Core Viewpoint - Multiple companies conducted share buybacks on December 4, 2025, with Tencent Holdings leading in both the number of shares repurchased and the total amount spent [1]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.044 million shares for a total of 636 million [2]. - Xiaomi Group-W (01810) repurchased 2.4 million shares for a total of 101 million [2]. - China Merchants Industry Holdings (01919) repurchased 3 million shares for a total of 41.82 million [2]. - Kuaishou-W (01024) repurchased 445,000 shares for a total of 29.92 million [2]. - China Feihe (06186) repurchased 6.281 million shares for a total of 25.75 million [2]. Group 2: Cumulative Buyback Data - Tencent Holdings has a cumulative buyback of 84.102 million shares, representing 0.915% of its total share capital [2]. - Xiaomi Group-W has a cumulative buyback of 88.1954 million shares, representing 0.340% of its total share capital [2]. - China Merchants Industry Holdings has a cumulative buyback of 66.543 million shares, representing 2.311% of its total share capital [2]. - Kuaishou-W has a cumulative buyback of 6.3866 million shares, representing 0.149% of its total share capital [2]. - China Feihe has a cumulative buyback of 205 million shares, representing 2.262% of its total share capital [2]. Group 3: Other Notable Buybacks - Vitasoy International (00345) repurchased 150,000 shares for a total of 1.0185 million [3]. - Lianyi Technology-W (09959) repurchased 420,000 shares for a total of 990,100 [3]. - Fengye Education (01317) repurchased 2.232 million shares for a total of 859,300 [3]. - Weigao Group (01066) repurchased 74,000 shares for a total of 410,100 [3]. - Mobi Development (00947) repurchased 20,000 shares for a total of 296,000 [3].