Since the beginning of this year, the Hong Kong stock market has seen over HK$25.4 billion in buybacks, with Tencent, Xiaomi, and others focusing on repurchases.

On February 20, Xiaomi Group announced that the company spent 152 million Hong Kong dollars to repurchase 4.2824 million shares on that day, which marked the 24th repurchase by Xiaomi Group so far this year. Interestingly, on the same day, there were 27 Hong Kong-listed companies, including Meituan, Zhihu, Kingsoft, China MCC, and NetEase Cloud Music, that also announced share repurchases. Since 2026, the Hong Kong stock market's main indices have generally remained strong and volatile, with the total amount of share repurchases exceeding 25.4 billion Hong Kong dollars. Leading companies in various industries have maintained their pace and intensity of share repurchases, with Tencent Holdings having repurchased over 6.358 billion Hong Kong dollars this year, followed closely by Zhongtong Express and Xiaomi Group with repurchase amounts of 4.103 billion Hong Kong dollars and 3.532 billion Hong Kong dollars, respectively.