Core Viewpoint - The company, Lianyi Rong Technology-W, has been actively repurchasing its shares on the Hong Kong Stock Exchange, indicating a strategy to support its stock price amidst a declining market trend [1]. Share Buyback Summary - On November 5, the company repurchased 2.42 million shares at a price range of HKD 2.960 to HKD 3.160, totaling HKD 7.4481 million [1]. - The stock closed at HKD 3.120 on the same day, reflecting a decrease of 1.89% with a total trading volume of HKD 27.5907 million [1]. - Since September 11, the company has conducted buybacks for 37 consecutive days, acquiring a total of 78.6745 million shares for a cumulative amount of HKD 255 million [1]. - During this period, the stock has seen a total decline of 2.19% [1]. - Year-to-date, the company has executed 45 buybacks, totaling 90.4925 million shares and an aggregate buyback amount of HKD 285 million [1]. Detailed Buyback Data - The buyback details include various dates, number of shares repurchased, highest and lowest prices, and total amounts spent, showcasing a consistent effort to stabilize the stock price [2].

Core Viewpoint - Cathay Pacific Airways (00293) has announced a commitment agreement with Qatar Airways, which includes a buyback of 643 million shares, representing approximately 9.57% of the issued shares, at a price of HKD 10.8374 per share, reflecting a discount of about 3.9% from the last trading price of HKD 11.28 [1] Summary by Relevant Sections Share Buyback Details - Qatar Airways has irrevocably committed to a buyback agreement with Cathay Pacific, involving the repurchase of 643 million shares at a price of HKD 10.8374 per share [1] - The total cost of the share buyback is HKD 6.969 billion [1] Public Shareholding Impact - Following the completion of the buyback, the public shareholding will decrease to approximately 20.53%, below the minimum requirement of 25% as per Listing Rule 8.08 [1] - As of the announcement date, the public shareholding was approximately 28.14%, which had increased from about 25.04% due to the issuance of 278 million shares related to bond conversion rights [1] Rationale for the Buyback - The buyback price was determined based on the volume-weighted average price of the shares over the five trading days ending November 3, 2025, minus a 3% discount [1] - The board considered the buyback as a good opportunity to enhance earnings per share [1] - The company will maintain sufficient cash to support its operations post-buyback, taking into account future funding needs and market conditions [1] - The buyback allows Qatar Airways to exit in an orderly manner, minimizing potential market volatility from selling shares in the market [1]

Group 1 - Cathay Pacific Airways has announced a commitment agreement with Qatar Airways to repurchase 643 million shares, representing approximately 9.57% of its issued shares, at a price of HKD 10.8374 per share, which is about 3.9% lower than the last trading price of HKD 11.28 [1] - Following the completion of the share repurchase, the public float of the company is expected to decrease to approximately 20.53%, below the minimum requirement of 25% as per the Listing Rules [1] - The company has applied for a public float waiver from the Stock Exchange, which has been granted, but details and reasons for the waiver must be disclosed [1] Group 2 - The board of directors considered several factors when deciding on the share repurchase, including that the repurchase price was set at a 3% discount to the volume-weighted average price over the five trading days ending November 3, 2025, presenting a good opportunity to enhance earnings per share [2] - The total cost of the share repurchase is HKD 6.969 billion, and the company will maintain sufficient cash to support its operations post-repurchase, considering its resources, future funding needs, and market conditions [2] - The share repurchase allows Qatar Airways to exit in an orderly manner, reducing potential market volatility that could arise from selling its shares in the market [2]

Core Viewpoint - Guizhou Moutai plans to repurchase shares worth between 1.5 billion and 3 billion yuan, with a maximum repurchase price of 1887.63 yuan per share, to be used for cancellation and reduction of registered capital [1] Group 1: Share Repurchase Plan - The company announced a plan to repurchase shares through centralized bidding, with a total fund amount not less than 1.5 billion yuan and not exceeding 3 billion yuan [1] - The repurchased shares will be canceled, leading to a reduction in the company's registered capital [1] Group 2: Previous Repurchase Activities - Previously, Guizhou Moutai announced on September 21, 2024, a plan to repurchase shares worth between 3 billion and 6 billion yuan for cancellation and reduction of registered capital [1] - On August 29, 2025, the company completed a repurchase plan, acquiring 3.9276 million shares, which accounted for 0.3127% of the total share capital, with an actual repurchase amount of 6 billion yuan [1] Group 3: Shareholder Actions - The controlling shareholder, Moutai Group, plans to increase its stake in the company by 3 billion to 3.3 billion yuan within six months [1] - On September 1, Moutai Group increased its holdings by acquiring 67,800 shares through centralized bidding [1]

Group 1 - China will stop implementing additional tariffs on certain imported goods from the United States starting from November 10, 2025, at 13:01, as part of the consensus reached during the China-U.S. economic and trade consultations [2] - The additional tariff rate of 24% on U.S. imports will be suspended for one year, while a 10% tariff will remain in place [2] - The Ministry of Commerce will stop related measures for 15 U.S. entities listed in the export control list starting from November 10, 2025, while continuing to suspend measures for 16 other entities for one year [3] Group 2 - The Ministry of Commerce will continue to suspend measures related to the unreliable entity list for one year starting from November 10, 2025, allowing domestic companies to apply for transactions with these entities [4] - The Ministry of Commerce has proposed to stop the anti-dumping tax rate applicable to certain U.S. imports of optical fibers starting from November 10, 2025, due to changes in the trade environment [5] Group 3 - Guizhou Moutai plans to repurchase shares worth between 1.5 billion to 3 billion yuan and subsequently cancel them [8] - The stock price of Cheung Fat China has significantly deviated from its fundamentals, posing a risk of rapid decline [9] - Zhangzhou Development reports normal production and operational conditions without significant changes in the internal or external business environment [10]

Core Viewpoint - Guizhou Moutai plans to repurchase shares worth between 1.5 billion and 3 billion yuan, with the intention to cancel the repurchased shares and reduce the company's registered capital [1] Summary by Categories Repurchase Plan - The company intends to repurchase shares through centralized bidding, with a total fund amount not less than 1.5 billion yuan and not exceeding 3 billion yuan [1] - The maximum repurchase price is set at 1887.63 yuan per share [1] Shareholder Approval - The repurchase plan is subject to approval at the shareholders' meeting, which carries the risk of not being passed [1] Market Impact - The company's stock price has consistently exceeded the price range set by the repurchase plan, which may significantly impact the implementation of the repurchase [1]

Group 1 - Guizhou Moutai plans to repurchase shares with a total fund of no less than 1.5 billion yuan and no more than 3 billion yuan, with a maximum repurchase price of 1887.63 yuan per share [1] - This marks the third share repurchase since the company was listed, with previous repurchase plans announced in September 2024 and December 2024 [1] - The repurchased shares will be used for cancellation and reduction of the company's registered capital [1] Group 2 - For the 2025 interim profit distribution plan, the company proposes a cash dividend of 23.957 yuan per share, totaling 30 billion yuan [1] - The profit distribution plan requires approval from the company's shareholders' meeting [1] Group 3 - In the third quarter, Guizhou Moutai reported revenue of 39.064 billion yuan, a year-on-year increase of 0.56%, and a net profit of 19.224 billion yuan, up 0.48% [2] - For the first three quarters, the company achieved revenue of 128.454 billion yuan, a year-on-year growth of 6.36%, and a net profit of 64.627 billion yuan, increasing by 6.25% [2] - The stock price has shown weakness, with a cumulative decline of 5.1% since the beginning of the year, closing at 1420.08 yuan per share, with a total market value of 1,778.3 billion yuan [2]

Group 1 - The core point of the article is that Kweichow Moutai (600519.SH) announced a share buyback plan aimed at canceling shares and reducing registered capital [1] - The total amount for the share buyback is set to be no less than RMB 1.5 billion and no more than RMB 3 billion [1] - The maximum buyback price is capped at RMB 1,887.63 per share, which is 130% of the average trading price over the 30 trading days prior to the board's decision [1]

Group 1 - The company plans to repurchase shares worth between 1.5 billion to 3 billion yuan, with a maximum repurchase price of 1,887.63 yuan per share. The repurchased shares will be used for cancellation and reduction of registered capital. This plan requires approval from the shareholders' meeting, which carries the risk of not being passed [1] Group 2 - The company announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 23.957 yuan per share (including tax), totaling approximately 30 billion yuan (including tax). This plan also requires approval from the shareholders' meeting [4]

贵州茅台（600519）(600519.SH)发布公告，公司拟以15亿元至30亿元回购股份，回购价格不超过 1887.63元/股，回购股份将用于注销并减少公司注册资本。 ...