Share Buyback Roundup on September 7 | Bilibili-W, Tencent, and others conducted buybacks, with Bilibili-W spending HKD 784 million.
According to disclosures filed with the Hong Kong Exchange on September 8, companies including Bilibili-W (09626.HK) and Tencent (00700.HK) repurchased shares. ① On September 4, Bilibili-W (09626.HK) repurchased 6.7955 million Class B shares (shares with different voting rights), involving a total amount of HKD 784 million, with a repurchase price per share ranging from HKD 115.38 to HKD 115.38. ② On September 7, Tencent (00700.HK) repurchased 228,000 ordinary shares, involving a total amount of HKD 100 million, with a repurchase price per share ranging from HKD 442.4 to HKD 4
Selected HK Stock Announcements | Muyuan Foods’ commercial pig sales revenue fell by approximately 20% year-on-year in August; Poly Property Group’s annual revenue exceeded RMB 29 billion
1. Muyuan Shares' sales revenue from commercial pigs in August fell by approximately 20% year-on-year; what is the scale of this decline? 2. Poly Property Group's revenue exceeded RMB 29 billion this year; what was its year-on-year growth rate?
Kuaishou-W (01024) repurchased 442,000 shares for HK$14.9918 million on September 7.
Kuaishou-W (01024) announced that it repurchased 442,000 shares for HK$14.9918 million on September 7, 2026.
Meituan Defends, Kuaishou Challenges: A Major Test of Profitability Resilience for Hong Kong-Listed Internet Stocks
The market's pricing logic for "certainty assets" has shifted from a sole focus on user growth to a genuine validation of capital return efficiency and earnings quality.
Kuaishou Technology Stock Rallies 1.0% in Hong Kong
This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Kuaishou Technology inched 1.0% higher to 33.98 Hong Kong dollars on what proved to be an all-
Qimai Research Institute: The new game "Lord of the Mysteries" strongly entered the top 12 in the download rankings in August, with over one million new users within the first hour of launch.
Recently, Qimai Data released the ranking of popular games for August 2026.
Kuaishou Technology Stock Rallies 2.7% in Hong Kong
This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Kuaishou Technology rallied 2.7% to 33.66 Hong Kong dollars on what proved to be an all-
UOB Kay Hian: Greater China Internet AI cloud adoption accelerates, e-commerce remains soft, gaming shows resilience; top picks include Alibaba, Trip.com, NetEase, and Zhipu
UOB Kay Hian pointed out that the highlights for the Greater China internet sector in the second quarter of 2026 remain in AI and AI cloud services. Alibaba-W (09988.HK) and Baidu-W (09888.HK) saw their AI cloud revenues grow by 45% and 50% year-on-year, respectively, while Tencent (00700.HK) also recorded healthy growth in its cloud business driven by AI demand. The e-commerce sector overall remains soft, showing only signs of partial stabilization, whereas the gaming segment demonstrates resilience and is largely unaffected by macroeconomic headwinds. Although travel demand has weakened, the outlook for the second half of the year has improved compared to earlier concerns. The firm maintains a "Market Weight" rating on the sector, with Alibaba and Trip.com-S (09961.HK) as top picks.
[Major Banks] Citi maintains a "Neutral" rating on Kuaishou (01024.HK), citing more severe challenges for its core business in the second half of the year.
Citi issued a report maintaining its "Neutral" rating and HK$41 target price for Kuaishou (01024.HK), while noting that sentiment is expected to improve following the next update by Keling. Citing Kuaishou’s management, the bank stated that challenges facing core businesses in the second half of 2026 could be more severe than in the first half, with short-term revenue pressure on e-commerce operations. Two major headwinds include weak macroeconomic conditions in China dampening consumer sentiment, particularly for discretionary and impulse purchases, and stricter compliance requirements raising operating costs for small merchants who cannot pass these costs on. Kuaishou is providing traffic and policy support to small merchants. Management believes that AI video models are rapidly penetrating various application scenarios.
Express News | Star technology and internet stocks in the Hong Kong market rebounded, with JD.com (09618.HK), Baidu (09888.HK), and Tencent (00700.HK) each rising more than 2%. Other stocks, including Alibaba (09988.HK), Meituan (03690.HK), Kuaishou (01024.HK), and Xiaomi Group (01810.HK), also posted gains. Fang Jincong, Head of China Internet Research at UBS Group, stated that over the next two to three years, as bottlenecks in AI computing power supply gradually ease, industry pricing power is expected to shift from upstream segments such as chips and infrastructure to internet platforms.
September 3 Share Buyback Roundup | Tencent and HSBC Holdings, among others, conducted share buybacks, with Tencent spending HK$100 million.
According to disclosure documents released by the Hong Kong Exchange on September 4, companies including $Tencent (00700.HK)$ and $HSBC Holdings (00005.HK)$ repurchased shares. ① $Tencent (00700.HK)$ repurchased 229,000 ordinary shares on September 3, involving an amount of HK$100 million, with a repurchase price per share ranging from HK$433 to HK$445.4. Since the resolution on the share repurchase mandate was passed, the cumulative number of securities repurchased stands at 43.6987 million shares, representing 0.47926% of the issued shares outstanding at the time the ordinary resolution was approved. ② $HSBC Holdings (00005.HK)$ on September
Zhitong HK Stocks Early Briefing | Fed Governor Waller Signals Dovish Stance, U.S. Stocks Surge Broadly
Fed Governor Waller Speaks on Inflation Outlook; Traders Scale Back Rate-Hike Bets
Kuaishou Technology (1024.HK): Key Takeaways from the Asia Leaders Summit—Keling Model Set for Upgrade, Core Business Under Pressure
Key View: Kling AI is poised for a major model upgrade. We maintain a long-term bullish outlook on its technological leadership and commercialization potential, although gross margins are under pressure in the short term. Management expects to roll out a significant upgrade to the Kling model in the near term, aiming to sustain state-of-the-art (SOTA) performance. Its primary competitors include Seedance 2.0/2.5 and Google Veo. The technology roadmap focuses on integrating video understanding and generation through Vision-Language Models (VLMs) and incorporating world knowledge, laying the foundation for the long-term development of world models. Currently, Kling's revenue is derived primarily from API services for large enterprises and
Kuaishou-W (01024) repurchased 455,000 shares on September 3 for approximately HK$14.9687 million.
Kuaishou-W (01024) announced that on September 3, 2026, the company repurchased 455,000 shares for approximately HK$14.9687 million, at a price range of HK$32.70 to HK$33.02 per share.
Kuaishou Technology Stock Slips 2.6% in Hong Kong
This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of Kuaishou Technology slid 2.6% to 32.76 Hong Kong dollars on what proved to be an all-around
2026 Interim Report
Kuaishou (01024.HK) influencer fined RMB 3.477 million for tax evasion
Chinese media reported that "Boya," a Kuaishou (01024.HK) influencer with over 33 million followers, has drawn attention due to tax evasion allegations. Data from the Tianyancha platform shows that two affiliated cultural media companies under her name were verified by tax authorities to have evaded taxes in July this year, resulting in combined fines exceeding RMB 3.477 million.
Share Buybacks on September 2 | Tencent, Li Auto-W, and others conduct buybacks, with Tencent spending HK$100 million
According to disclosures filed with the Hong Kong Exchange on September 3, companies including $Tencent (00700.HK)$ and $Li Auto-W (02015.HK)$ repurchased shares. ① $Tencent (00700.HK)$ repurchased 229,000 ordinary shares on September 2, involving an amount of HK$100 million, with repurchase prices ranging from HK$435.2 to HK$441 per share. Since the resolution authorizing the buyback was passed, the cumulative number of securities repurchased stands at 43.4697 million shares, representing 0.47675% of the issued shares outstanding at the time the ordinary resolution was approved. ② $Li Auto-W (02015.
Express News | Greg Abel: AI data centers represent a significant opportunity for Berkshire Hathaway Energy; Buffett spearheaded the investment in Google.
Greg Abel, CEO of Berkshire Hathaway: Views AI data centers as a significant opportunity for Berkshire Hathaway Energy and is willing to meet the energy demands of hyperscale enterprise data centers. Buffett led Berkshire’s investment in Alphabet, with the bet driven by the company’s advantages in artificial intelligence.
<Major Banks> Bank of America Securities: Kuaishou (01024.HK) Valuation Near Trough; Reaffirms "Buy" Rating
Bank of America Securities issued a report reaffirming its "Buy" rating on Kuaishou (01024.HK), citing an attractive risk-reward profile, valuations nearing a trough, and the presence of upward catalysts, with a target price of HK$53. The firm noted that Kuaishou announced the completion of financing for Kling, which achieved a post-money valuation of $18 billion (with $3 billion raised). As Kuaishou holds a 68% stake, Kling's attributable value to Kuaishou stands at $12 billion. As of June 2026, Kuaishou’s total net cash is $13 billion. Therefore, before accounting for the valuation of its core business, Kuaishou has already secured $25 billion in value from Kling and its net cash position.