Group 1 - The company issued 1,609,000 new shares at a price of HKD 320.61 per share on January 14, 2026, as part of the employee stock option plan for 2023, with 1,544,100 shares settled in non-cash form and 64,900 shares settled in cash [2] - The company repurchased a total of 1,006,000 shares on January 14, 2026, at a price range of HKD 626 to HKD 638 per share, amounting to a total of HKD 636 million, with the purpose of cancellation [2] - The total number of shares repurchased to date is 111 million, representing 1.21% of the total shares authorized for repurchase, with a total repurchase authorization of 919 million shares [2] Group 2 - The initial number of issued shares was 9.121 billion, which increased to 9.123 billion by the end of the reporting period, with 1,006,000 shares pending cancellation [2]

Group 1 - The Hang Seng Index rose by 0.56% on January 14, with southbound capital totaling HKD 160.62 billion, including HKD 81.74 billion in buying and HKD 78.88 billion in selling, resulting in a net inflow of HKD 2.86 billion [1] - The southbound trading through Stock Connect (Shenzhen) had a total turnover of HKD 58.43 billion, with net buying of HKD 0.35 billion, while the Shanghai Stock Connect recorded a turnover of HKD 102.19 billion with net buying of HKD 2.51 billion [1] - Alibaba-W was the most actively traded stock among southbound funds, with a total turnover of HKD 25.39 billion, followed by Tencent Holdings and SMIC with turnovers of HKD 6.53 billion and HKD 4.75 billion respectively [1] Group 2 - Tencent Holdings, Alibaba Health, and Alibaba-W were among the nine stocks that appeared on both the Shenzhen and Shanghai Stock Connect active trading lists, with Tencent Holdings having a total turnover of HKD 6.53 billion and a net buying of HKD 2.01 billion [2] - There were three stocks that received net buying from southbound funds for more than three consecutive days, with Tencent Holdings leading at a total net buying of HKD 9.01 billion, followed by Kuaishou-W and Alibaba-W with net buying of HKD 3.53 billion and HKD 2.41 billion respectively [2] - China Mobile and Meituan-W were the two stocks that experienced consecutive net selling, with total net selling amounts of HKD 6.20 billion and HKD 1.29 billion respectively [2]

Core Viewpoint - Tencent Holdings has been actively repurchasing its shares for 39 consecutive days, totaling 40.46 million shares and an expenditure of 24.794 billion HKD [1] Group 1: Share Buyback Details - On January 14, 2026, Tencent repurchased 1.006 million shares at prices ranging from 626.000 to 638.000 HKD, with a total buyback amount of 636 million HKD [1] - Since November 18, 2025, the company has repurchased a total of 40.46 million shares, with a cumulative buyback amount of 24.794 billion HKD [1] - The stock has experienced a cumulative decline of 0.55% during the buyback period [1] Group 2: Year-to-Date Buyback Activity - In 2026, Tencent has conducted 9 buybacks, acquiring a total of 9.188 million shares for a total of 5.722 billion HKD [1] - The stock closed at 633.000 HKD on the day of the latest buyback, reflecting an increase of 0.88% with a total trading volume of 18.146 billion HKD [1]

Group 1 - Tencent Holdings (00700.HK) repurchased 1 million shares at a cost of HKD 636 million on January 14 [1]

Group 1 - Tencent Holdings (00700.HK) announced a share buyback on January 14, 2026, spending HKD 636 million to repurchase 1.006 million shares [1] - The buyback price ranged from HKD 626 to HKD 638 per share [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 騰訊控股有限公司 呈交日期： 2026年1月14日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00700 | 說明 | | | | | | | | 多櫃檯證券代號 | 80700 | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變 ...

Group 1 - Southbound funds recorded a net purchase of 2.865 billion HKD today [1] - Tencent Holdings received a net inflow of approximately 2.009 billion HKD [1] - Alibaba Health saw a net inflow of about 1.458 billion HKD [1] Group 2 - China Mobile experienced a net outflow of 913 million HKD [1] - Xiaomi Group-W faced a net outflow of 423 million HKD [1]

Core Viewpoint - Tencent Holdings has been recognized as a core asset in the digital economy for 2026, showcasing its resilience and growth potential in the AI era through a stable organizational structure and robust cash flow generation capabilities [1][25]. Group 1: Organizational Governance and Ecosystem - Tencent maintains a stable governance model with low-frequency adjustments, ensuring long-term strategic execution [3]. - The management structure is clearly defined, with Ma Huateng as Chairman and CEO, and Liu Chiping as President, focusing on strategic execution and capital allocation [3]. - Tencent's ecosystem is characterized by a balanced revenue structure, with key segments including value-added services (49%), online advertising (18%), and fintech & enterprise services (32%) [5][11]. Group 2: Revenue and Growth Engines - The gaming business remains a core cash flow engine, with flagship products like "Honor of Kings" and "Peacekeeper Elite" sustaining stable revenue streams [6]. - Tencent's advertising revenue is projected to reach 121.4 billion yuan in 2024, driven by AI-enhanced efficiency in ad placements [16]. - The fintech and enterprise services segment is expected to generate 212 billion yuan in 2024, leveraging the social ecosystem for high-frequency engagement [12][11]. Group 3: Financial Strength - Tencent boasts a stable and high-quality free cash flow, providing a solid foundation for long-term growth and shareholder returns [22]. - The company has a strong profit margin and operational cash flow, enabling consistent dividend payments and stock buybacks [22]. - Strategic investments in companies like JD.com, Meituan, and Pinduoduo enhance ecosystem synergy and cash flow stability [22]. Group 4: AI Empowerment and Digital Infrastructure - Tencent's focus on AI applications across various business segments is expected to drive efficiency and revenue growth [15][21]. - The integration of AI in advertising, gaming, and enterprise services enhances user engagement and operational efficiency [18][21]. - Tencent's video platform, WeChat Channels, is evolving into a core commercial driver, leveraging its social ecosystem for enhanced user retention and monetization [19][25].

Group 1 - Tencent Holdings repurchased 1.012 million shares on January 13 at prices ranging from HKD 623.000 to HKD 638.000, totaling HKD 635.96 million [1] - The stock closed at HKD 627.500 on the same day, reflecting a 0.72% increase, with a total trading volume of HKD 15.224 billion [1] - Since November 18, 2025, the company has conducted buybacks for 38 consecutive days, acquiring a total of 39.454 million shares for a cumulative amount of HKD 24.158 billion [1] Group 2 - Year-to-date, Tencent has completed 8 buybacks, totaling 8.182 million shares and an aggregate amount of HKD 5.086 billion [1] - During the buyback period, the stock has experienced a cumulative decline of 1.41% [1] - The detailed buyback data includes the highest and lowest prices for each transaction, with the highest price recorded at HKD 638.000 on January 6, 2026 [1]

Group 1 - Tencent Holdings (00700.HK) announced a share buyback on January 13, 2026, costing HKD 636 million to repurchase 1.012 million shares [1] - The buyback price ranged from HKD 623 to HKD 638 per share [1]