| 2025.09.18 | 124.72 | 8.000 | 7.800 | 989.27 | | --- | --- | --- | --- | --- | | 2025.09.17 | 30.30 | 8.000 | 7.900 | 241.74 | | 2025.09.16 | 23.58 | 8.000 | 7.890 | 187.24 | | 2025.09.15 | 39.56 | 7.990 | 7.930 | 314.89 | | 2025.09.11 | 39.15 | 8.000 | 7.950 | 313.11 | | 2025.09.10 | 74.29 | 8.000 | 7.940 | 592.84 | | 2025.09.09 | 29.34 | 8.000 | 7.940 | 234.36 | | 2025.09.04 | 69.15 | 8.000 | 7.930 | 413.06 | | 2025.09.03 | 32.19 | 8.000 | 7.980 | 257.26 | | 2025.09.02 | 72.45 | 8.000 | 7.930 | 577.92 | ...

Core Viewpoint - In November 2025, Hong Kong stock market saw a total of 99 companies initiating share buybacks, with a cumulative repurchase of 712 million shares and a total repurchase amount of 11.742 billion HKD, representing a 43.08% decrease compared to the same period last year [1][2]. Company Summaries - Tencent Holdings, Xiaomi Group, and COSCO Shipping Holdings were among the top companies in terms of repurchase amounts in November [2]. - Xiaomi Group repurchased shares worth 1.501 billion HKD, totaling 38.5 million shares, with a minimum price of 37.38 HKD and a maximum price of 41.18 HKD [4]. - China Feihe increased its buyback efforts in November, repurchasing shares worth 673 million HKD, totaling 15.64 million shares [4]. - DeKang Agriculture conducted its first buyback of the year in November, with a repurchase amount of 59.06 million HKD and a total of 797,600 shares [4]. Industry Analysis - The companies initiating buybacks in November 2025 were primarily concentrated in the software services and other healthcare sectors [5]. - The software services industry led in both repurchase amount and number of companies, with a total buyback amount of 6.021 billion HKD and 17 companies participating [6]. - Other healthcare sector also had a significant presence, with 14 companies engaging in buybacks [8].

Group 1: Stock Buybacks in Hong Kong - Hong Kong companies have repurchased shares worth approximately 1544.15 billion HKD, with 247 companies buying back a total of 67.69 million shares as of November 25 [1] - In November alone, 90 companies repurchased shares totaling around 83.33 million HKD, with a concentration in sectors such as finance, information technology, consumer goods, healthcare, and energy [1] - The trend of stock buybacks is expected to continue into 2025, with leading companies demonstrating confidence in their valuations and contributing to market stability [1] Group 2: New Listings on Hong Kong Stock Exchange - Newguodu (SZ300130) has submitted its prospectus to the Hong Kong Stock Exchange, aiming to expand its financing channels and enhance its competitiveness in the global payment sector [2] - Olin Bio (SH688319) has also filed for a listing on the Hong Kong Stock Exchange, focusing on innovative vaccines, particularly in the areas of "super bacteria vaccines" and "adult vaccines" [3] - Zhongjian Technology (SZ002779) has applied for a listing on the Hong Kong Stock Exchange, seeking to leverage the capital market to expand its business in outdoor power equipment [4] Group 3: Hong Kong Stock Market Performance - The Hang Seng Index closed at 25928.08, with a slight increase of 0.13% on November 26 [5] - The Hang Seng Tech Index reached 5618.36, reflecting a gain of 0.11% [5] - The National Enterprises Index stood at 9162.37, showing a modest rise of 0.04% [5]

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has been actively repurchasing its shares, indicating a strategy to enhance shareholder value amidst market fluctuations [1][2]. Share Buyback Details - On November 21, Sinopec repurchased 8.25 million shares at a price range of HKD 4.420 to HKD 4.560, totaling HKD 36.78 million [1]. - The stock closed at HKD 4.430 on the same day, reflecting a decline of 2.85% with a total trading volume of HKD 764 million [1]. - Since October 30, the company has conducted buybacks for 17 consecutive days, acquiring a total of 80.23 million shares for a cumulative amount of HKD 35.1 million, during which the stock price increased by 4.98% [2]. Year-to-Date Buyback Summary - Year-to-date, Sinopec has executed 50 buybacks, totaling 303 million shares with an aggregate repurchase amount of HKD 1.417 billion [3]. - The detailed buyback transactions include various dates, share quantities, and price ranges, showcasing a consistent commitment to repurchasing shares [3].

Core Viewpoint - China COSCO Shipping Holdings (中远海控) has been actively repurchasing its shares, with a total expenditure of HKD 601 million over the past 16 consecutive days, indicating a strong commitment to enhancing shareholder value [1]. Summary by Category Share Buyback Activity - The company repurchased 3 million shares on November 21 at prices ranging from HKD 13.430 to HKD 13.630, totaling HKD 40.59 million [1]. - Since October 31, the total shares repurchased amount to 43.188 million, with a cumulative expenditure of HKD 601 million [1]. - In 2023, the company has conducted 106 buybacks, acquiring a total of 423 million shares for a total of HKD 5.614 billion [1]. Stock Performance - On the day of the latest buyback, the stock closed at HKD 13.470, reflecting a decline of 2.04% with a total trading volume of HKD 332 million [1]. - During the buyback period since October 31, the stock has seen a slight increase of 0.67% [1]. Detailed Buyback Data - A detailed table of buyback activities shows consistent repurchases, with the highest buyback price recorded at HKD 15.040 and the lowest at HKD 11.400 [2]. - The buyback activities demonstrate a strategic approach to managing share price and investor confidence [1][2].

Summary of Key Points Core Viewpoint - Pacific Shipping (02343.HK) has been actively repurchasing its shares, with a total expenditure of HKD 43.43 million over the past four days, indicating a strategic move to support its stock price amidst a decline [1][2]. Group 1: Share Repurchase Details - On November 21, the company repurchased 8 million shares at prices ranging from HKD 2.600 to HKD 2.630, totaling HKD 20.94 million [1]. - Since November 18, the company has repurchased a total of 16.57 million shares, with a cumulative expenditure of HKD 43.43 million [1]. - The stock price has decreased by 4.04% during the repurchase period [1]. Group 2: Year-to-Date Repurchase Activity - Year-to-date, the company has conducted 39 repurchase transactions, acquiring a total of 143 million shares for a total cost of HKD 29.2 million [2]. - The repurchase activity reflects the company's commitment to enhancing shareholder value despite market fluctuations [2]. Group 3: Historical Repurchase Data - The detailed repurchase history shows various transactions with the highest repurchase price recorded at HKD 2.640 and the lowest at HKD 1.680 [2][3]. - The most significant single-day repurchase occurred on April 7, with 2.76 million shares bought at an average price of HKD 1.650, costing HKD 44.45 million [2][3].

Group 1 - The core point of the article is that Xiaomi Group-W has repurchased shares worth 3.03 billion HKD on November 21, 2025, bringing the total repurchase amount for the year to 23.48 billion HKD [1][2] - The company repurchased 8 million shares at prices ranging from 37.640 HKD to 38.040 HKD per share, with the stock closing at 38.080 HKD, an increase of 1.01% on the same day [1] - Since November 20, the company has conducted share buybacks for two consecutive days, totaling 21.5 million shares and an aggregate repurchase amount of 8.11 billion HKD, during which the stock has declined by 1.91% [1] Group 2 - Year-to-date, the company has completed 14 share repurchase transactions, acquiring a total of 55.6252 million shares for a cumulative amount of 23.48 billion HKD [2] - A detailed breakdown of the repurchase activities shows the highest repurchase price was 53.250 HKD and the lowest was 32.600 HKD, with various amounts repurchased on different dates [2]

证券时报•数据宝统计，金山软件在港交所公告显示，11月21日以每股28.640港元至29.000港元的价格回 购34.70万股，回购金额达999.59万港元。该股当日收盘价28.640港元，上涨0.28%，全天成交额4.45亿 港元。 （原标题：金山软件(03888.HK)11月21日回购999.59万港元，年内累计回购1.32亿港元） 金山软件回购明细 | 日期 | 回购股数 （万股） | 回购最高价 （港元） | 回购最低价 （港元） | 回购金额 （万港元） | | --- | --- | --- | --- | --- | | 2025.11.21 | 34.70 | 29.000 | 28.640 | 999.59 | | 2025.11.20 | 142.64 | 28.800 | 27.260 | 3999.64 | | 2025.07.10 | 30.22 | 33.150 | 33.000 | 999.40 | | 2025.07.03 | 58.64 | 34.300 | 33.900 | 1999.96 | | 2025.06.03 | 31.06 | 32.250 | 32.050 | ...

Core Viewpoint - CIMC Group has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and potentially signal confidence in its future performance [1][2]. Summary by Category Share Buyback Activity - On November 20, CIMC Group repurchased 652,800 shares at a price range of HKD 7.720 to HKD 8.010, totaling HKD 5.0984 million [1]. - The stock closed at HKD 7.810 on the same day, reflecting a decline of 1.76% with a total trading volume of HKD 17.398 million [1]. - Since October 31, the company has conducted buybacks for 15 consecutive days, acquiring a total of 15.471 million shares for a cumulative amount of HKD 113 million [1]. - During this period, the stock price has increased by 5.83% [1]. Year-to-Date Buyback Summary - Year-to-date, CIMC Group has executed 70 buybacks, acquiring a total of 93.4904 million shares for a total expenditure of HKD 730 million [1][2].

Summary of Key Points Core Viewpoint - Tencent Holdings has been actively repurchasing its shares, with a total repurchase amount of HKD 628.72 billion this year, indicating a strong commitment to enhancing shareholder value [1][2]. Repurchase Details - On November 20, Tencent repurchased 1.026 million shares at prices ranging from HKD 616.00 to HKD 628.50, totaling HKD 636 million [1]. - Since November 18, the company has conducted repurchases for three consecutive days, acquiring a total of 3.057 million shares for HKD 1.907 billion, during which the stock price fell by 2.44% [1]. - Year-to-date, Tencent has completed 103 repurchase transactions, acquiring a total of 12.5 million shares [2]. Stock Performance - The stock closed at HKD 621.00 on the day of the latest repurchase, reflecting a slight decline of 0.24% [1]. - The cumulative decline in stock price during the recent repurchase period (from November 18 to November 20) was 2.44% [1].