Abstract: We analyzed Hong Kong share repurchase activity for the week ended August 28th, covering 69 companies with total buybacks of HKD 2,588 million, up 26.9% from HKD 2,040 million the prior week. The number of active repurchasers rose 109.1% week-on-week. Tencent (700 HK) dominated with HKD 1,501.8 million in weekly buybacks, followed by Kuaishou (1024 HK) at HKD 279.9 million and Link REIT (823 HK) at HKD 138.6 million. Notable first-time buyers in the past four weeks included J&T Express (1519 HK, HKD 66 million) and Tuhu Car (9690 HK, HKD 64 million, representing 1.23% of free float). Over the trailing 30 days, aggregate buybacks reached HKD 5,924 million across 94 companies, led again by Tencent (HKD 2,703.5 million), Link REIT (HKD 610.2 million), and Kuaishou (HKD 579.4 million).
LINK REIT, Kuaishou, TENCENT
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