US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.
Express News | Tencent: Repurchased 2.64 million shares on September 17, costing approximately 1 billion Hong Kong dollars.
"Da Hang" Bocom Intl's forecast for the third quarter and annual growth rate of overall commodity trade for large cap Chinese e-commerce (table)
Bocom Intl released a report listing the growth rate predictions for large cap commodity trade total transaction value of Chinese e-commerce companies in the third quarter and full year of 2024: Company│2023 Growth Rate│2024 Q3 Growth Rate Prediction│2024 Full Year Growth Rate Prediction alibaba (BABA.US)│1%│8%│8% jd.com (JD.US)│3%│7%│6% pdd holdings (PDD.US)│30%│15%│18% KWai (01024.HK)│31%│15%│17% TikTok│93%│No Prediction│50% WeChat Video Account(Tencent (00700.HK)│158%│
On September 16th, there were buybacks of tencent and Meituan-W, among which tencent spent 1.003 billion Hong Kong dollars.
According to the disclosure documents from hkex on September 17, tencent(00700.HK), meituan-W(03690.HK), etc. repurchased shares. ① tencent(00700.HK) repurchased 2.67 million ordinary shares on September 16, involving 1.003 billion Hong Kong dollars, with a repurchase price per share ranging from 377.8 Hong Kong dollars to 370.6 Hong Kong dollars. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.158 billion shares, accounting for 1.674% of the number of shares issued when the ordinary resolution was passed. ② meituan-W(03690.HK) on
Hong Kong stock buyback craze! The buyback amount exceeded 200 billion Hong Kong dollars by the end of the year, with Tencent Holdings leading the way.
Looking at the historical situation, tencent's repurchase efforts have been continuously increasing, with the repurchase amount reaching HKD 82.4 billion so far this year, already surpassing the full-year repurchase amount in 2023.
Two Chinese AI Chip Manufacturers Eye Shanghai IPOs