$TENCENT(00700.HK)$disclosed in a statement that on 30 May, it repurchased 2.72 million shares on the Stock Exchange at a price of $365.8-$374 per share, involving a total amount of about $1.003 billion. Since the ordinary resolution was passed, a total of 24.82 million shares have been repurchased, representing 0.2635% of the company's share capital. $Tencent(TCEHY.US)$$China Concept Stocks(LIST2517.US)$$Hang Seng TECH Index(800700.HK)$
MrMMonkeyGee:
Good numbers. High growth. Net loss due to investment loss in Xpeng. If exclude that, it is profitable for the three time. Ebitda profitable.
MrMMonkeyGee:
I see many Didi’s ride hailing competitors like Caocao, Dida, Ruqi etc submitted their HK IPO application. I doubt they are profitable at all and I guess IPO requirement is higher compared to Didi’s listing by introduction in HK?
$TENCENT(00700.HK)$repurchased a total of 2.68 million shares of the company on the Stock Exchange of Hong Kong yesterday (29th) at $369.8-379.8 per share, involving a total of nearly $1.003 billion, according to a disclosure statement. Since the ordinary resolution was passed, the company has repurchased a total of 22.1 million shares, accounting for 0.23462% of its issued shares. $Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$
TENCENT disclosed in a statement that yesterday (28 May), it repurchased 2.63 million shares on the Stock Exchange at a price of $374-$385.8 per share, involving a total amount of $1 billion. Since the ordinary resolution was passed, a total of 19.42 million shares have been repurchased, representing about 0.2% of the company's issued shares. $TENCENT(00700.HK)$$Tencent(TCEHY.US)$$China Concept Stocks(LIST2517.US)$$Hang Seng TECH Index(800700.HK)$
EV makers surged, with $NIO-SW(09866.HK)$ and $XPENG-W(09868.HK)$ rallying 9.2% and 5%. $BYD COMPANY(01211.HK)$ and $LI AUTO-W(02015.HK)$ shot up 2.1% and 3.8%.
Since the ordinary resolution was passed, a total of 24.82 million shares have been repurchased, representing 0.2635% of the company's share capital.
$Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
Adjusted EBITA 923 million yuan
Net loss 1.35 billion yuan
$DiDi Global Inc(DIDIY.US)$ $Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$
Since the ordinary resolution was passed, the company has repurchased a total of 22.1 million shares, accounting for 0.23462% of its issued shares.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$
For automakers, $GEELY AUTO(00175.HK)$ , $LI AUTO-W(02015.HK)$ and $XPENG-W(09868.HK)$ dropped 0.8%-1.2%. $NIO-SW(09866.HK)$ and $BYD COMPANY(01211.HK)$ gained 0.8% and 1.5%.
Many Chinese cities lowered their down payment ratios and interest rate floors, including T1 cities, Guangzhou and Shenzhen. Chinese property developers $CHINA OVERSEAS(00688.HK)$ and $CHINA RES LAND(01109.HK)$ ebbed 1.8% and 1.5%.
Since the ordinary resolution was passed, a total of 19.42 million shares have been repurchased, representing about 0.2% of the company's issued shares.
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$
Active Heavyweights:
$HKEX(00388.HK)$ closed at $276.4, down 0.9%
$TENCENT(00700.HK)$ closed at $380.2, up 0.7%
$BABA-SW(09988.HK)$...
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