Jin Rong Jie·2025-12-16 10:54Group 1 - Tencent Holdings repurchased 1.067 million shares at an average price of HKD 595.75 per share, totaling approximately HKD 636 million on December 16, 2023, with a cumulative repurchase of 144 million shares this year, accounting for 1.57% of total share capital [1] - The company has conducted significant stock buybacks, exceeding HKD 40 billion in total for the year, setting a record for annual buybacks in the Hong Kong stock market [1] - Analysts interpret the buyback as a sign of management's confidence in the company's long-term value, especially amid a challenging valuation environment in the internet sector, aiming to enhance earnings per share and stabilize investor sentiment [1] Group 2 - Tencent is a leading internet service provider in China, established in 1998 and listed on the Hong Kong Stock Exchange in 2004, with core businesses including social media (WeChat, QQ), gaming, digital content, fintech, and enterprise services [2] - As of Q3 2023, WeChat and WeChat combined monthly active users reached 1.336 billion, and the gaming segment remains the top revenue generator globally [2] - The latest financial report for Q3 2023 shows revenue of CNY 154.6 billion, net profit of CNY 44.9 billion, and operating cash flow of CNY 53.2 billion, providing solid financial support for the company's buyback actions [2]