make a record!177 Hong Kong stock companies paid for 5.2269 billion Hong Kong dollars to repurchase

Author:21st Century Economic report Time:2022.09.13

21st Century Business Herald reporter Ye Mai Sui Guangzhou report

Since the beginning of this year, Hong Kong stock listed companies have repurchased the tide and waves. According to statistics from Flower Shun, from the beginning of 2022 to September 12, a total of 177 Hong Kong stock companies repurchased 3.93 billion shares, with a cumulative repurchase amount of HK $ 5.2269 billion, which significantly exceeded the total repurchase of HK $ 38.1 billion in 2021, creating data. New high since. Among them, the repurchase amount of Tencent Holdings alone reached 15.64 billion Hong Kong dollars. It was not only the repurchase of Hong Kong stocks this year, but also broke its past repurchase record.

Tencent Holdings repurchase record record

Tencent Holdings announced on the Hong Kong Stock Exchange on September 9 that it repurchased 1.15 million shares on the same day, with the repurchase price of HK $ 303-309, costing about 353 million Hong Kong dollars. This is the 16th consecutive trading day repurchase of Tencent Holdings. Its accumulated repurchase this year has exceeded 50 times, with a cumulative repurchase of 44.2444 million shares, and the repurchase amount reached 15.64 billion Hong Kong dollars, far exceeding the total repurchase of last year 26 last year 26 HK $ 100 million. This data has reached two "most". One is the highest amount of repurchase of Hong Kong stocks this year, and the other is the highest repurchase amount in Tencent's history.

Senior Financial commentator Pi Haizhou pointed out that Tencent's big repurchase indicates that management's confidence in the company's future operation and continuous repurchase helps to recover the popularity of the secondary market. Tencent has recently fluctuated at a low level. If the short -term price remains in the current range, follow -up companies may still have repurchase action.

Tencent Holdings has been adjusting this year. In addition to poor performance, on June 27 this year, Tencent Holdings's major shareholders throwing their holdings to reduce their holdings. Tencent Holdings said that the company's major shareholders Prosus and Naspers announced that it would start a long -term open repurchase plan, and the planned funds will be raised by selling Tencent stocks held by Naspers Group. As of September 9, the stock price of Tencent Holdings had fallen by 32.8%during the year, compared with HK $ 758.9, it has fallen by more than 60%.

In addition to Tencent Holdings, another "repurchase king" is AIA insurance. As of September 12, AIA repurchased 190 million shares, involving a amount of HK $ 15.06 billion. On September 9, AIA announced that the company repurchased 2.4 million shares on the Hong Kong Stock Exchange on September 9, 2022, costing 178 million Hong Kong dollars, and the average repurchase price was calculated based on the number of repurchases and the cost consumption. Hong Kong dollars; according to disclosure, the highest repurchase price of 74.85 Hong Kong dollars, the lowest repurchase price of 72.10 Hong Kong dollars.

In March of this year, AIA announced a $ 10 billion repurchase plan. The company plans to repurchase the company's shareholders to the company's shareholders of up to $ 10 billion in the next three years.

In addition to the above two companies, companies that repurchase more than 1 billion Hong Kong dollars this year include HSBC Holdings, Xiaomi Group, Great Wall Motor, China Gas and Changshi Group.

Since 2022, as of September 12, the total repurchase of Hong Kong stocks has reached 5.2269 billion Hong Kong dollars, which has exceeded the whole year of last year. It has reached a record high since 2002.

Since July, the repurchase of Hong Kong stock companies has shown a heating trend. "AI No. 1" Shangtang Technology, Goat Milk Powder Dragons Australia Dairy and other companies have joined the repurchase army.

However, it is worth noting that the "protection" repurchase of Hong Kong stocks in July means more obvious. Taking Shangtang Technology as an example, on July 19, the company spent 14.07 million Hong Kong dollars at a price of HK $ 2.1 per share. This is also the first repurchase since the listing of Shangtang Technology. On September 9th, Shangtang Technology's stock price was HK $ 2.28, compared with the HK $ 9.7 this year, it was already "cut" and then "to cut".

Hong Kong stocks have been repurchased by many times

According to the research report of Xingye Securities, since 2008, the Hong Kong stock market has gone through a total of five complete repurchase trends, all of which have fallen in the market, and the valuation has reached a lower level. The price of the Hang Seng Index has a negative trend with the number of company repurchases. Large -scale company repurchase often indicates the phased bottom, and followed by a wave of ups and downs. The trend of repurchase is the sixth round of repurchase. Since the second quarter of 2021, in the second half of 2021, with the decline in Hong Kong stocks, this year has continued to increase. The amount of the amount has set a new high since the data.

In addition to the company that has been repurchased, some companies also gave the repurchase. On the morning of September 8, the Hong Kong stocks Fubo Group announced that the company's board of directors was awarded the general authorized purchase of the company's shares, and the number did not exceed 10%of the total number of shares issued on June 30. The company will use its current cash to provide funds for the proposed shares. The board of directors believes that it is recommended that the purchase of shares reflects the board's confidence in the company's long -term strategy and development, and also meets the overall interests of the company and its shareholders. On the same day, Fubo Group rose sharply at the beginning of the market, rising by about 15%.

There are generally four functions of repurchase. First, through the share repurchase, it is optimistic about the company's future development signals to the market and investors, which plays the role of a "stabilizer" and even a "booster". Stock sources; Third, the purpose of adjusting the company's registered capital, optimizing the stock structure, and ensuring the control of the company can be achieved through the share repurchase; the fourth is to improve the company's profitability and increase the investment value of the stock Share the company's growth dividend better. Huto, the manager of Rongzhi Investment Fund, a subsidiary of Pai Lai.com, told a reporter from the 21st Century Business Herald that the repurchase of Hong Kong stocks this year has reached a record high. There are two main reasons. On the one hand, the overall Hong Kong stocks are in an extremely underestimated state. Including the Hang Seng Index is also at a historic low, so industrial capital began to actively participate in the repurchase of listed companies, because at the current location, the company has high investment value and return on investment. On the other hand, the phenomenon of recent investment in investment capital is relatively obvious, so that listed companies have a very motivation to maintain the stock price of listed companies through repurchase. The repurchase has a very positive significance for listed companies to maintain the stock price. However, due to the global interest rate hike period, under the expected global economic recession, Hong Kong stocks may still linger at the bottom for a while.

However, Hubo also emphasized that if this low -level listed company can maintain the dividend rate and achieve income through dividends, Hong Kong stocks still have positive allocation value.

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