Kuaishou-W (01024) repurchased 960,000 shares on June 9 at a cost of approximately HK$42.884 million.
Kuaishou-W (01024) announced that on June 9, 2026, it repurchased 960,000 shares at a cost of approximately HK$42.884 million.
Daiwa: Visibility into AI monetization for Chinese tech stocks improves; prefers Tencent (0700.HK) among others
The bank's latest recommendation ranking is as follows: Tencent (00700), NetEase-S (09999), Baidu Group-SW (09888), Bilibili-W (09626), and Alibaba-W (09988).
The National Data Administration has released an implementation plan to advance the development of high-quality industry-specific datasets, aiming to empower the growth of artificial intelligence.
The National Data Administration released the 'Implementation Plan for Advancing the Development of High-Quality Industry-Specific Datasets' yesterday (the 8th), marking the first systematic national-level deployment aimed at empowering artificial intelligence development through data. By the end of 2028, the plan aims to establish a number of application-validated, high-quality industry datasets covering key sectors; create exemplary application scenarios driven by data to foster AI innovation; cultivate a group of innovative data enterprises and specialized talent with leading competitive advantages; and develop a suite of tools and standards for building high-quality industry datasets. A virtuous cycle—from data supply to value realization—will be largely established, enabling data to drive AI innovation and development.
June 8 Buyback Roundup | AIA, Tencent, and others announced share repurchases, with AIA spending HK$680 million.
According to a disclosure filed with the Hong Kong Exchange on June 9, AIA (01299.HK), Tencent (00700.HK), and others repurchased shares. ① AIA (01299.HK) repurchased 9.352 million ordinary shares on June 8, for a total consideration of HK$680 million, at prices ranging from HK$71.95 to HK$74 per share. Since the adoption of the share repurchase mandate, the company has cumulatively repurchased 72.1634 million securities, representing 0.6903% of the issued shares outstanding as of the date the ordinary resolution was passed. ② Tencent (00700.HK) on
Kuaishou-W repurchased 2.042 million shares on June 8 at a cost of HK$89.9519 million.
Kuaishou-W (01024) announced that on June 8, 2026, it repurchased 2.042 million shares at a cost of HK$89.9519 million; and issued 1,223 shares pursuant to the exercise of options under the pre-initial public offering employee share ownership plan.
Express News | National-Level First Systematic Deployment on Empowering AI Development through Data