Summary of Key Points Core Viewpoint - A total of 40 companies, including Tencent Holdings and Kuaishou, conducted share buybacks on December 17, 2025, with Tencent leading in both the number of shares repurchased and the total amount spent [1][2]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.057 million shares for a total of 636 million [2]. - Kuaishou-W (01024) repurchased 1.283 million shares for a total of 83.037 million [2]. - Other notable companies include Geely Automobile (00175) with 2.316 million shares repurchased for 38.6146 million, and China COSCO Shipping Holdings (01919) with 2.8575 million shares for 38.613 million [2]. Group 2: Cumulative Buyback Data - Tencent's cumulative buyback reached 93.586 million shares, accounting for 1.018% of its total share capital [2]. - Kuaishou's cumulative buyback was 11.2787 million shares, representing 0.263% of its total share capital [2]. - China Feihe (06186) had a significant cumulative buyback of 239 million shares, which is 2.638% of its total share capital [2]. Group 3: Other Companies' Buyback Performance - Companies like Country Garden Services (06098) and Mindray Bio-Medical Electronics (02367) also participated, with buybacks of 3.697 million and 0.4 million shares respectively [2]. - Noteworthy is the buyback percentage of Kangchen Pharmaceutical (01681) at 15.953%, indicating a strong commitment to returning value to shareholders [2]. - The buyback activities reflect a broader trend among companies to enhance shareholder value amid market conditions [1][2].