Since the beginning of this year, there has been a marked increase in buybacks of listed companies in Hong Kong. According to statistics,As of September 6, 135 listed companies have carried out repurchases since 2021, with a total repurchase amount of about HK $20.64 billion, exceeding the total repurchase amount in 2019 and 2020.. Of this total, the cumulative repurchase amount in the first eight months was about HK $19.938 billion, up 120 per cent from a year earlier.

At the industry level, from the perspective of cumulative repurchase amount, it is mainly concentrated inInformation technology, real estate and consumption sectors. Among them, the cumulative repurchase amount of the information technology sector reached 7.332 billion Hong Kong dollars, far ahead of other industries.

Company levelXIAOMI GroupThe amount of buybacks is the largest so far this year, followed byWant Want China and China GasIs about HK $1.242 billion and HK $1.027 billion respectivelyTencentRepurchase HK $905 million, ranking seventh.

After the market closed on September 6, XIAOMI Group and Tencent both announced on the Hong Kong Stock Exchange that they had repurchased 7.98 million shares and 200000 shares respectively on the same day, involving a capital of about HK $199 million and HK $100.5 million respectively. So far, XIAOMI's repurchase amount so far this year has reached 5.982 billion Hong Kong dollars. Tencent reached 1 billion Hong Kong dollars.

Not only Hong Kong stocks, but also buybacks of A-share listed companies are more active than in the past few years. According to CITIC, the repurchase amount of A-shares has reached 89.6 billion yuan by August in 2021, which has exceeded the level of 2019 and 2020, and the actual repurchase amount has reached 13.8 billion yuan in the past three months. In addition, the number of companies and the amount of buybacks announced since August has also increased significantly compared with the past few months. So far, the actual buybacks have mainly occurred in consumption, medicine and some undervalued sectors.