$TENCENT (00700.HK)$announced that it repurchased 2.67 million shares on 16th at prices ranging from $370.6 to $377.8 per share, involving around $1 billion. Since the repurchase mandate resolution was passed, the company has repurchased around 158 million shares, accounting for 1.67419% of the issued share capital. $Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
Global growth forecast revised downward to 3.1% from 3.2% this year, expected to be 3.3% next year. The growth picture is not worrisome. China's growth forecast was revised downward to 4.7% this year and 4.5% for next year and 2026. The main drivers are depressed consumer confidence and insufficient policy support. This year exports were a key pillar but are now challenged. Next year growth drivers will be a combination of exports and consumption. It is more difficu...
$TENCENT (00700.HK)$repurchased 2.72 million shares on the Hong Kong Stock Exchange yesterday (11th) at prices ranging from $365.2 to $370.6 per share, involving a total of $1 billion. Since the passing of the ordinary resolution, the company has repurchased nearly 150 million shares, accounting for nearly 1.59% of the company's share capital. $Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
$TENCENT (00700.HK)$repurchased a total of 2.72 million shares on the Stock Exchange on 10 September for $1.003 billion, with a price per share ranging from $366.2 to $370.4, according to TENCENT's disclosure return. Since the ordinary resolution was passed, the Company has repurchased nearly 147 million shares in total, accounting for 1.56017% of its issued share capital. $Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
Food prices especially vegetables, fruits, and eggs rose due to the high temperature and rainy days. Domestic gasoline prices fell 3% m/m or 2.7% y/y. Fuel vehicle prices dropped by 6.4% y/y, and the decline extended. Travel season ended, flight tickets and hospitality dropped 11.9% and 3.6% y/y respectively Pork prices rise by 16.1% y/y, -4.3 PPS vs July. For y/y price changes Food, tobacco & liquor -0.1% Clothing +1.4% Accomodation +0.0% Necessities & services +0.2% T...
Tencent Cloud has surpassed 10,000 overseas customers and continues to see double-digit growth internationally for the third year in a row. The Asia-Pacific region's revenue grew by over 50% YoY, and the Middle East saw an 85% YoY increase. $TENCENT (00700.HK)$$Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
Since the repurchase mandate resolution was passed, the company has repurchased around 158 million shares, accounting for 1.67419% of the issued share capital.
$Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
That reflects tight domestic liquidity conditions as investors find few opportunities in a stock market that is lagging global peers.
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China's growth forecast was revised downward to 4.7% this year and 4.5% for next year and 2026. The main drivers are depressed consumer confidence and insufficient policy support.
This year exports were a key pillar but are now challenged. Next year growth drivers will be a combination of exports and consumption. It is more difficu...
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Since the passing of the ordinary resolution, the company has repurchased nearly 150 million shares, accounting for nearly 1.59% of the company's share capital.
$Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
Since the ordinary resolution was passed, the Company has repurchased nearly 147 million shares in total, accounting for 1.56017% of its issued share capital.
$Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
Imports +0% y/y
Trade balance at $84.65 bln in USD term, Est.$99.2 bln
Exports +8.7% y/y, Est. +6.5%
Imports +0.5% y/y, Est. +2.0%
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Domestic gasoline prices fell 3% m/m or 2.7% y/y. Fuel vehicle prices dropped by 6.4% y/y, and the decline extended.
Travel season ended, flight tickets and hospitality dropped 11.9% and 3.6% y/y respectively
Pork prices rise by 16.1% y/y, -4.3 PPS vs July.
For y/y price changes
Food, tobacco & liquor -0.1%
Clothing +1.4%
Accomodation +0.0%
Necessities & services +0.2%
T...
Mainland's benchmark $SSE Composite Index (800146.HK)$ dropped by 1%.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
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