Since this year, repurchase has become the basic action of Tencent to stabilize its share price

Since January 5, Tencent's cumulative repurchase amount has exceeded HK $9.4 billion, 3 times the total repurchase amount last year (HK $2.6 billion) and 8 times the total repurchase amount in 2019 (HK $1.161 billion).
According to statistics, although Tencent's share price performed mediocrely during the repurchase period, half a year after the repurchase, the company's share price rose nearly 90% in the previous rounds of repurchase; One year after the repurchase, the company's share price rose in all previous rounds of repurchase, with an average increase of up to 50%.