TENCENT (00700.HK) spent 0.701 billion Hong Kong dollars on January 3 to repurchase 1.69 million shares.
On January 3, Tiger Financial reported that TENCENT (00700.HK) announced that on January 3, 2025, it spent 0.701 billion HKD to repurchase 1.69 million shares, with a repurchase price per share of 411.2 to 418.6 HKD.
Skydance and Paramount Global (PARA.US) refute opponents: Concerns about the merger affecting competition are "groundless."
On Thursday, Skydance Media and Paramount Global defended their $8.4 billion merger plan.
[Brokerage Focus] CITIC SEC: With the peak period of social activities like the Spring Festival approaching, the activity level of WeChat mini-stores on both the supply and demand sides is expected to increase.
Jinwu Financial News | The research report from CITIC SEC points out that starting from January 1, WeChat Mini Stores launched a new "Private Domain Incentive Program". This program provides a reduction in technical service fees for transactions completed in group chats, Moments, public accounts, and other social and private domain scenarios. This measure is expected to promote active actions from merchants in terms of onboarding, operations, and pricing. As the peak period for social activities, such as the Spring Festival, approaches, the activity on both the supply and demand sides in WeChat Mini Stores is expected to be enhanced. WeChat's active participation in the social e-commerce field indicates that the e-commerce scenario is poised for new changes and opportunities. Brands that can quickly adapt to the new traffic trends are expected to be the first.
Selected Announcements | Alibaba's buyback plan still has a remaining amount of 20.7 billion USD; GTJA plans to conduct a stock swap to absorb and merge HAITONG SEC and will send a proposal to the meeting for fundraising support.
In 2024, Qinhuangdao Port's total throughput reached 0.414 billion tons, a year-on-year increase of 5.66%; ZHAOKE OPHTH-B: The National Medical Products Administration accepted the simplified new drug application for NVK002, used to treat worsening myopia in children.
Zhitoon ADR Statistics | January 3
HSI ADR fell, closing at 19621.74, down 1.58 points or 0.01% compared to the Hong Kong closing.
Gelonghui Announcement Selection (Hong Kong Stock) | Alibaba-W (09988.HK) still has 20.7 billion USD repurchase quota remaining under the share repurchase plan.
Alibaba-W (09988.HK) still has a repurchase capacity of 20.7 billion dollars under the share repurchase plan.
Express News | Tencent Bought Back 1.7 Mln Shares for HK$701.5 Mln on Jan 2 - HKEX Filing
We Doctor Resubmits Hong Kong IPO Application
Announcement Highlights | The December Electric Vehicles sales report has been released! BYD sold 0.515 million vehicles in a month, and "Weixiaoli" reached new highs together; 13.138 billion Hong Kong dollars! Alibaba fully divested from SUNART RETAIL, a
GCL NEWENERGY plans to sell its photovoltaic assets in Micron; XINYI SOLAR's annual profit may drop by more than 70%.
Meta, Telegram Among 4 Social Media Platforms Applied For MCMC License
Gelonghui Announcement Highlights (Hong Kong Stocks) | XINYI GLASS (00868.HK) expects annual net profit to decrease by 30% to 40%.
[Today's Focus] XINYI GLASS (00868.HK) expects annual net profit to decrease by 30% to 40%. XINYI GLASS (00868.HK) announced that for the year ending December 31, 2024, the consolidated net profit attributable to the company's equity holders is expected to decrease by 30% to 40% compared to last year's net profit of RMB 4.883 billion. The decline in net profit is mainly due to the following reasons: (1) For the six months ending December 31, 2024, the group's float glass business revenue and gross profit have declined compared to the same period last year, which is attributed to the sluggish Real Estate market in China and the slowdown in new property projects.
Tencent-backed Online Healthcare Platform WeDoctor Revives Plan for Hong Kong IPO
Express News | Tencent Bought Back 1.4 Mln Shares for HK$574.0 Mln on Dec 31 - HKEX Filing
Linmon Media Renews Contracts With Tencent Units
Zhitoong ADR Statistics | December 31
HSI ADR fell, closing at 19951.16, a decrease of 90.26 points or 0.45% compared to the Hong Kong closing.
The Hang Seng Index fluctuates around the 20,000-point mark, and short-term new stocks are seeing a return of profit-making effects | A barometer of Hong Kong stocks.
① The Hang Seng Index is fluctuating around the 20,000 point mark, what hot topics is the market focusing on? ② The return of short-term new stock profitability effects, what impact does it have?
Express News | Tencent Bought Back 1.7 Mln Shares for HK$703 Mln on Dec 30 - HKEX Filing
[Brokerage Focus] Citibank: In 2024, the approval volume for games in China is expected to increase by over 30%, Bullish on the industry's development next year.
In 2024, the number of game approvals in China showed a positive trend, with a total of 1,417 games approved throughout the year, including 1,306 domestic games and 111 imported games, representing a 32% increase from the 1,076 games in 2023, exceeding Citigroup's previous expectation of a range of 1,200 to 1,400 games.
Citi: In December, 122 domestic game licenses were granted in mainland China, with the annual approval number exceeding expectations.
In mainland China, there were a total of 1,306 domestic game approvals and 111 imported games for the entire year, slightly exceeding the expected range of 1,200 to 1,400.
Major rating丨Citi: Believes that the mainland gaming industry will continue to develop healthily next year, supporting stable and defensive profits.
Citigroup published a report stating that in December, the mainland approved 122 domestic game licenses and 13 imported game licenses, totaling 1,417 game licenses approved for the year, representing a 32% year-on-year growth. Among these, 1,306 domestic game licenses and 111 imported game licenses were issued, slightly higher than the company's forecast of 1,200 to 1,400 licenses. This includes Tencent's "Monster Hunter: Travelers" and "Red Alert: Glory", as well as NetEase's "Top Sniper" and "Infinity". On the other hand, A-share listed companies like 37 Interactive Entertainment Network Technology Group and Kingnet Network also received 2 and 4 game licenses, respectively. The company believes that with improvements in supply quantity and quality,