Sina Technology News on the evening of September 19,TencentThe holding once again spent HK$38.76 million to repurchase 120,000 shares. For the 9th consecutive day, the holding spent a total of over HK$300 million.

On September 7, Tencent bought back 22,700 shares of the company, spending about HK$7.07 million; on the 10th, Tencent bought back 124,000 shares of the company and spent about HK$39.1 million; on the 11th, Tencent bought back 126,000 shares of the company, spending about HK$39 million; on September 12, Tencent repurchased 125,000 shares of the company, spending about HK$38.6 million; on September 13, Tencent repurchased 124,000 shares of the company, spending about HK$39.5 million. On September 14, 71,000 shares of the company were repurchased, at a cost of approximately HK$23 million.

According to the financial report released by Tencent last month, in the second quarter of 2018, Tencent's total revenue was RMB 73.675 billion (US$11.135 billion), an increase of 30% over the same period last year; profit attributable to the company's equity holders was RMB 17.867 billion (US$270 billion), down 2% from the same period last year. According to foreign media statistics, this is the first time in 13 years that Tencent has experienced a decline in quarterly profit.