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On December 13, TENCENT (00700) spent 0.703 billion Hong Kong dollars to buy back 1.71 million shares.
TENCENT Holdings (00700) announced that it will spend 0.703 billion Hong Kong dollars to repurchase 17...
Express News | Tencent Bought Back 1.7 Mln Shares for HK$ 703.5 Mln on Dec 13 - HKEX Filing
[Brokerage Focus] CMB International points out the trend of revenue growth from AI application starting in 2025.
Jinwu Financial News | CEB International released the 2025 outlook for the Software & IT Services Industry. Against the backdrop of economic cycle dislocation, the stock price performance of the Software Sector in China and the United States is expected to show a divergent trend in 2024. However, the investment volume related to AI, its short-term impact on profits, and the potential outlook for monetization are common points of concern for both markets. Looking ahead to 2025, the bank believes that the investment theme related to AI will continue its benefit transmission path from chips to public cloud to infrastructure software and then to Application software from a fundamental perspective. The Infrastructure Cloud Sector is focusing on the trend of increasing cloud business growth as supply constraints gradually ease and AI-related investment.
Announcement Highlights | Air China Limited has completed the issuance of over 0.85 billion A-shares to AVIC Group; CHINA RES LAND's sales in November increased by nearly 7% year-on-year.
In the first 11 months, SINO-OCEAN GP's cumulative contracted sales amounted to approximately 30.6 billion yuan, with 3.73 billion yuan in contract sales for November; CHINA RES LAND's total contract sales amount for November was approximately 25.8 billion yuan, representing a year-on-year increase of 6.9%.
TENCENT (00700.HK) spent 0.704 billion Hong Kong dollars to repurchase 1.69 million shares on December 12.
On December 12, Gelonghui reported that TENCENT (00700.HK) announced it would spend 0.704 billion HKD to repurchase 1.69 million shares on December 12, 2024, with a buyback price ranging from 409.8 to 422.4 HKD per share.
Express News | Tencent Bought Back 1.7 Mln Shares for HK$703.8 Mln on Dec 12 - HKEX Filing
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