$TENCENT (00700.HK)$ finally, Tencent resume share buyback today with 1.75 millions shares at average price of hk402. 2.Tencent stop share buyback for 1 month as they cannot do share buyback 1 month prior to result on 13/11.with the resumption of share buyback the share price will slowly move up in this difficult market condition due to high us interest rate. Tencent has spent close to hk100 billion on share buyback this year. Short sellers beware you will lose money on your short position when T...
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$TENCENT (00700.HK)$ For your info Tencent trading in US last night is us50. 13 =hk390. How come today nobody sell at hk390 and now it's hk410, this prove that US is shorting Tencent to sabotage China economy. It's a financial war between US and China all foreign funds talk down on China stock market yet the shanghai market continue to go up with govt support.
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104039463stock king
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$TENCENT (00700.HK)$ in us market China stocks are being shorted despite excellent result on the other hand us stocks with bad result is being push up due to political connection. US stocks are over valued and have no fundamental. For Tencent, company has spent close to hk100 billion for share buyback and stop buyback 1 month before result and I believe the company start buying back it's own share today, in early October the highest price buyback is hk450, you can find out from hk exchange announ...
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I bought hk stocks Tencent, Anta spots and Dongfang electric. I Bought Dongfang electric at hk8.0 on last Friday and today high us hk9. 55 close at hk9. 10 my target price for this stock is hk10 in October.
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$TENCENT (00700.HK)$ today Tencent continues to buyback shares at hk477.80 with higher volume of 1.05 millions. It's a positive sign that Tencent share price at this level is undervalued and so buyback more shares today. Sure to cross hk500 soon with company relentless share repurchase, FYI, share repurchase will be cancelled off and so number of issued shares reduced and so EPS increase.
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$SHANGHAI FUDAN (01385.HK)$ The Chinese version of the Optec machine?
Translated
$TENCENT (00700.HK)$ Tencent has been buying back it's own shares from August to September daily with 2.7 millions shares worth hk1 billion every day for more than 30 days when the share price is between hk360 to hk390 for the total amount worth more than hk30 billions, after the share price surge past hk400 then it pause the share buyback for a few days. But after the share price go above hk450, it resume share buyback on 3/10 again at smaller qty, yesterday it bought back 541000 shares at Ave ...
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It's the beginning of a bull run for hk market, it just broke the resistance at 19500 pts and hit 20600 pts, it's a broad base rally supported by Chinese govt esp with president xi directive. It's a history that China Central Bank lend money at low rate to broking firms, listed companies to buy back their own shares using their exiting shares as margin of 70%,hang seng index all time high is 40000 pts low is this year January of 14500 pts, so plenty of room to go up. US Dow index rise from 15000...
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The long-awaited interest rate cut is finally here and what a cut it was! - a 50 basis point cut that took the market slightly by surprise.
The decision lowers the federal funds rate to a range between 4.75% - 5%. In addition to this reduction, the committee's dot plot shows the equivalent of 50 more basis points of cuts by year-end, another full percentage point in cuts by the end of 2025 and a half point in 2026. In all, the Fed's dot ...
The decision lowers the federal funds rate to a range between 4.75% - 5%. In addition to this reduction, the committee's dot plot shows the equivalent of 50 more basis points of cuts by year-end, another full percentage point in cuts by the end of 2025 and a half point in 2026. In all, the Fed's dot ...
[Trader’s Talk] What do interest rate cuts mean for you?
Sep 23 22:00
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$ANTA SPORTS (02020.HK)$ Anta sports repurchase over a millions at hk76 yesterday. The company earmarked hk10 billions for the share repurchase over 18 months.
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