Lates News

On February 20th, Xiaomi Group announced that the company spent HK$152 million that day to repurchase 4.2824 million shares, marking the 24th repurchase by Xiaomi Group this year. Coincidentally, on the same day, 27 other Hong Kong-listed companies, including Meituan, Zhihu, Kingsoft, MCC, and NetEase Cloud Music, also announced repurchases. Since 2026, the main indexes of the Hong Kong stock market have remained volatile and strong, with repurchases exceeding HK$25.4 billion. Leading companies in the industry have maintained their repurchase pace and intensity. Among them, Tencent Holdings has repurchased over HK$6.358 billion so far this year, with ZTO Express and Xiaomi Group following closely behind with repurchases of HK$4.103 billion and HK$3.532 billion respectively. (China Securities)