Summary of Key Points Core Viewpoint - On December 4, 48 Hong Kong-listed companies conducted share buybacks, totaling 35.36 million shares and an amount of HKD 968 million [1][2]. Company Buyback Details - Tencent Holdings repurchased 1.044 million shares for HKD 636 million, with a year-to-date total buyback amount of HKD 69.229 billion [1][2]. - Xiaomi Group-W repurchased 2.4 million shares for HKD 101 million, with a year-to-date total buyback amount of HKD 3.944 billion [1][2]. - China COSCO Shipping Holdings repurchased 3 million shares for HKD 41.82 million, with a year-to-date total buyback amount of HKD 6.072 billion [1][2]. - The highest buyback amount on December 4 was from Tencent Holdings at HKD 636 million, followed by Xiaomi Group-W at HKD 101 million [1][2]. Buyback Volume Leaders - China Feihe had the highest buyback volume on December 4, repurchasing 6.281 million shares [1][2]. - Other notable buyback volumes included Fenbi with 4.4695 million shares and China COSCO Shipping with 3 million shares [1][2].