XD INC (02400) saw its shares rise over 4%. At the time of writing, the stock was up 4.52%, trading at HK$72.85 with a turnover of HK$141 million. On the news front, according to Kaiyuan Securities, the global version of "Town of Heart" officially announced its launch on January 8 and will feature a collaboration with the world-renowned IP "My Little Pony," with global pre-registrations already exceeding one million. It is worth noting that on January 5, XD INC announced its intention to repurchase up to HK$400 million worth of shares within a five-month period, demonstrating confidence in its long-term development. Furthermore, on December 29, 2025, the company announced its plan to acquire the "Torchlight" series IP. A Citi research report pointed out that it is optimistic about the multiple recent business developments announced by XD INC, including the five-month, HK$400 million automatic share repurchase plan, which aligns with management's previously stated commitment to prioritize buybacks. The planned acquisition of "Torchlight"-related IP assets for $37.18 million is expected to further strengthen the group's autonomy in future game and IP development.