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Webby Group Lands Tencent Cloud Partnership: Eyes 15% Market Share Boost
Tencent (00700.HK) spent 1 billion Hong Kong dollars on repurchasing 2.67 million shares on September 13th.
On September 13, Gelunhui(tencent) announced that it will spend 1 billion Hong Kong dollars to repurchase 2.67 million shares on September 13, 2024, at a repurchase price of 373.2-376.6 Hong Kong dollars per share.
Express News | Tencent Bought Back 2.7 Mln Shares for HK$1 Bln on Sept 13 - HKEX Filing
Tencent and Alibaba are increasing their presence in the overseas travel market, integrating with the backend of tongchengtravel's mini program HopeGoo.
WeChat HK and Alipay HK mini programs have currently been connected to the international tour platform of tongchengtravel's product, HopeGoo.
Market Chatter: Tencent's New Game Seen to Generate 5 Billlion Yuan in Domestic Revenue in First Year
Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
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