Hong Kong-listed companies repurchased over HKD 10 billion in July

Hong Kong-listed companies are actively conducting share buybacks. Data shows that in July, a total of 73 Hong Kong-listed companies carried out share buybacks, with a total of 808 million shares repurchased and a total repurchase amount of HKD 10.035 billion. In terms of repurchase amount, Tencent Holdings, AIA, HSBC HOLDINGS, WUXI BIO, and YUM CHINA ranked in the top five, with amounts of HKD 3.503 billion, HKD 2.704 billion, HKD 2.221 billion, HKD 597 million, and HKD 138 million, respectively, accounting for over 90% of the total repurchase amount in July. In terms of industry distribution, the buybacks were mainly concentrated in the internet technology, finance, healthcare, and discretionary consumer sectors