Hong Kong Stock Market News | Tencent rebounds nearly 4%, repurchasing HKD 1 billion in a single day, and online gaming regulations will be further revised and improved.

Zhitong
2023.12.27 01:37
portai
I'm PortAI, I can summarize articles.

Tencent rebounded nearly 4% in early trading, and as of the time of writing, it has risen 3.36% to HKD 283.2, with a turnover of HKD 3.219 billion. In terms of news, on December 22nd, Tencent announced that it repurchased 3.59 million shares on that day, with repurchase prices ranging from HKD 263.8 to HKD 317, totaling HKD 1 billion. Recently, Tencent has repurchased a large number of company shares. From November 20th to the present, Tencent has repurchased shares almost every trading day, with a total repurchase of 9.509 billion shares during this period. In addition, regarding the "Draft for Soliciting Opinions on the Management Measures for Online Games" issued by the National Press and Publication Administration on December 22nd, an insider from the China Audio-Video and Digital Publishing Association Game Committee stated that since it is a draft for soliciting opinions, it indicates that all sectors can freely express their views at this stage in order to make it practical and more perfect. The relevant person in charge of the National Press and Publication Administration also stated that they will carefully study the concerns and opinions raised by all parties regarding Article 17, Article 18, and other contents of the draft, and further revise and improve them based on continued listening to the opinions of relevant departments, enterprises, users, and other parties.

Zhitong App learned that TENCENT (00700) rebounded nearly 4% in early trading, and as of the time of writing, it rose 3.36% to HKD 283.2, with a turnover of HKD 3.219 billion.

In terms of news, on December 22nd, TENCENT announced that it repurchased 3.59 million shares on that day, with repurchase prices ranging from HKD 263.8 to HKD 317, with a total payment of HKD 1 billion. Recently, TENCENT has repurchased a large number of company shares. From November 20th to now, TENCENT has repurchased shares almost every trading day, with a total repurchase of 9.509 billion shares.

In addition, regarding the "Regulations on the Administration of Online Games (Draft for Solicitation of Comments)" issued by the National Press and Publication Administration on December 22nd, an insider from the China Audio-Video and Digital Publishing Association Game Committee stated that since it is a draft for solicitation of comments, it indicates that all sectors can freely express their opinions at this stage in order to make it practical and more perfect. The relevant person in charge of the National Press and Publication Administration also stated that they will carefully study the concerns and opinions raised by all parties regarding Article 17, Article 18, and other contents of the draft for solicitation of comments, and further revise and improve them based on continued listening to the opinions of relevant departments, enterprises, users, and other parties.

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.