KUAISHOU-W (01024.HK) spent 0.11 billion HKD to repurchase 2.493 million shares on December 20.
Gelonghui reported on December 20 that KUAISHOU-W (01024.HK) announced it spent 0.11 billion Hong Kong dollars to repurchase 2.493 million shares on December 20.
Express News | The draft law to promote the private economy is submitted for review at the National People's Congress Standing Committee meeting.
The "Regulations on the Reporting of Tax-related Information by Internet Platform Enterprises" is open to public opinion.
The tax authorities will keep the obtained tax-related information confidential according to the law, establish a data security management system for tax-related information in accordance with relevant regulations, and ensure data security.
The TRACKER FUND OF HONG KONG had a net Outflow of 4.192 billion Hong Kong dollars.
The northbound capital inflow to Tencent (00700.HK), SMIC (00981.HK), and WEIMOB INC (02013.HK) reached 2.814 billion HKD, 1.504 billion HKD, and 0.594 billion HKD respectively. The northbound capital outflow from TRACKER FUND OF HONG KONG (02800.HK), Alibaba (09988.HK), and Kuaishou-W (01024.HK) reached 4.192 billion HKD, 0.936 billion HKD, and 0.133 billion HKD respectively. The highest net capital inflow for active stocks from SH->HK Connect was 1.89 billion HKD for Tencent (00700.HK), and the highest capital...
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
Huajin Securities: The new features of WeChat's small store promote a dual circulation of internal and external traffic, driving the formation of a complete and closed ecological environment for WeChat e-commerce.
Tencent (00700.HK) saw its stock price rise nearly 3.2% to 428.4 yuan today, while Weimob (02013.HK) surged 23.9%. EAST BUY (01797.HK) jumped over 14.4%, but Alibaba (09988.HK) fell 3.3%, Kuaishou (01024.HK) dropped 4.6%, and JD.com (09618.HK) decreased 2.3%. Domestic Brokerage Huajin Securities released a report stating that Tencent's WeChat team announced that the WeChat small shop has launched a gray test for the "Gift Giving" feature, with the exception of jewelry and Education training categories, all other categories are available on WeChat small shop.
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;
Daiwa's investment rating and Target Price for Network Technology (table).
Daiwa has released a research report, listing the investment ratings and target prices for Network Technology stocks as follows: Stock | Investment Rating | Target Price (HKD) Alibaba-W (09988.HK) | Buy | 140 HKD Baidu-SW (09888.HK) | Buy | 115 HKD Bilibili-W (09626.HK) | Buy | 225 HKD Full Truck Alliance (YMM.US) | Buy | 12 USD JD.com-SW (09618.HK) | Buy | 200 HKD KE Holdings-W (02423.HK) | Buy | 76 HKD
Share repurchase collection on December 19 | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion HKD.
According to the documents disclosed by HKEX on December 20, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 19, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 421.8 HKD to 401.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.221 billion shares, accounting for 2.347% of the number of shares issued when the ordinary resolution was passed. ② AIA (01299.HK)
KUAISHOU-W (01024.HK) spent 20.7 million HKD to buy back 0.46 million shares on December 19.
Gelonghui, December 19丨KUAISHOU-W (01024.HK) announced that on December 19, 2024, it spent HKD 20.7 million to repurchase 0.46 million shares, with the repurchase price per share ranging from HKD 44.65 to HKD 45.45.
Express News | The Keling 1.6 model has been launched, significantly improving video effects.
[Brokerage Focus] GTJA maintains a "Shareholding" rating for Kuaishou (01024) as the company's third quarter Short Video e-commerce GMV growth rate exceeds 40% year-on-year.
Jingu Financial News | GTJA released a research report, in Q3 2024, Kuaishou (01024) achieved revenue of 31.13 billion yuan, +11.4% year-on-year. Online Marketing Services, live streaming, and Other service revenues grew +20.0%, -3.9%, and +17.5% year-on-year, respectively. The gross margin was 54.3%, +2.6 percentage points year-on-year. Operating profit was 3.1 billion yuan, with an operating profit margin of 10.0%, +2.1 percentage points year-on-year. Domestic and overseas contributions were 3.51 and -0.15 billion yuan, respectively, with overseas losses further narrowing. Adjusted net income was 3.95 billion yuan, +24.4% year-on-year.
December 18 repurchase collection | TENCENT, ANTA SPORTS and others have repurchased, among which TENCENT spent 0.703 billion Hong Kong dollars.
According to a document disclosed by HKEX on December 19, TENCENT (00700.HK), ANTA SPORTS (02020.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.73 million ordinary shares on December 18, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 406 HKD to 405.2 HKD per share. Since the repurchase authorization resolution, the cumulative number of securities repurchased has been 0.219 billion shares, accounting for 2.329% of the number of shares issued at the time of the ordinary resolution's approval. ② ANTA SPORTS (02020.HK) repurchased 1
Express News | Huajin Securities: The competition in the video generation field may enter a heated stage.
KUAISHOU-W (1024.HK): Deepening AI large model applications, DAU reaches a new high.
Report introduction: DAU exceeds 0.4 billion, online Marketing Services show significant resilience, e-commerce Business growth slows down. Investment points: profit forecast and investment recommendations: we adjust Kuaishou's revenue projections for FY2024E-FY2026E.
KUAISHOU-W (01024.HK) spent 19.64 million Hong Kong dollars to repurchase 0.43 million shares on December 18.
On December 18, Gelonghui reported that KUAISHOU-W (01024.HK) announced a buyback of 0.43 million shares at a cost of 19.64 million HKD on December 18, 2024, with a buyback price of 45.45-46 HKD per share.
Yearly Review | The top ten repurchase kings of Hong Kong stocks in 2024 are announced! All Market repurchase total exceeds 250 billion Hong Kong dollars, with Tencent accounting for a "half of the market".
According to Wind data, as of December 17, 277 Hong Kong stocks have conducted buybacks this year, with a total buyback amount of 256.117 billion Hong Kong dollars, and 64 individual stocks have a cumulative buyback amount exceeding 0.1 billion Hong Kong dollars this year.
Quick look at the Hong Kong market | All three major Indices closed higher, the Science and Technology Index rose nearly 2%; technology, Autos, and Biotechnology stocks climbed, with Li Auto rising over 5%, and Xiaomi Group and WUXI BIO rising nearly 3%.
Many Network Technology stocks are rising, XIAOMI-W is up 2.84%, Baidu Group-SW is up 1.74%; Semiconductor stocks are all rising, HG SEMI is up 7.64%, BEKE is down 2.78%; Autos stocks are climbing, LEAPMOTOR is up 6.42%, BRILLIANCE CHI is up 6.29%;
Hong Kong stock midday review | All three indices rose, the Technology Index up over 1%; Autos, power, and Semiconductor stocks increased, with Li Auto and CHINA LONGYUAN rising nearly 4%, and Semiconductor Manufacturing International Corporation up over
Network Technology stocks are generally rising, XIAOMI-W is up 2.17%, SENSORY-W is up 2.03%; Electric Power stocks are all going up, HUADIAN POWER is up 4.53%, CHINA LONGYUAN is up 3.86%; Hong Kong Retail Stocks are generally rising, BOSSINI INT'L is down 6.78%, PRADA is up 2.59%;
Stock buyback summary on December 17 | TENCENT, AIA and others have conducted buybacks, among which TENCENT spent 0.703 billion HKD.
According to a document disclosed by the HKEX on December 18, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.74 million ordinary shares on December 17, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 407 HKD to 401.8 HKD per share. Since the approval of the repurchase authorization resolution, the cumulative number of securities repurchased is 0.218 billion shares, accounting for 2.311% of the number of shares issued at the time of the ordinary resolution.