On September 21, TENCENT rose more than 3% in regular trading, rebounding sharply from its prior close of HK$419.0 on September 18.

The rally comes amid persistent share repurchase activity and continued southbound capital accumulation. TENCENT has maintained a steady daily buyback pace of approximately HK$100 million, repurchasing 237,000 shares on September 18 and 231,000 shares on September 16, with cumulative buybacks of over 46.2 million shares under its current authorization. Meanwhile, southbound funds added 804,100 shares on September 18 alone, marking the third consecutive day of net buying, with cumulative net inflows of roughly 2.94 million shares over the past 20 trading days.

Adding to sentiment, Morgan Stanley recently highlighted a nearly RMB 300 billion consumer AI monetization opportunity in China, singling out TENCENT's WeChat ecosystem as a key beneficiary.

Separately, its flagship title Honor of Kings maintained the top spot on global mobile game revenue charts in August, underscoring the resilience of its core gaming franchise.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)