Hong Kong-listed companies continue to repurchase shares, institutions say the market is expected to rally in a volatile manner.

Since 2026, the repurchase enthusiasm of Hong Kong stocks has continued. Wind data shows that as of January 26, a total of 112 Hong Kong-listed companies have repurchased 413 million shares, with a total repurchase amount exceeding 12 billion Hong Kong dollars. Stocks such as Tencent Holdings, Xiaomi Group-W, and Sunny Optical Technology have repurchased large amounts of shares multiple times. Stock repurchases in Hong Kong are also a major source of incremental funds in the Hong Kong stock market. As of January 27, since 2026, the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng Technology Index have respectively increased by 5.84%, 3.72%, and 4.33%. Analysts believe that company repurchases send out an important positive signal, which helps maintain company value. Against the backdrop of continued ample liquidity, investor risk appetite is expected to warm up, and Hong Kong stocks are expected to fluctuate upwards.