CHINA RUYI Shares Surge Nearly 17% in Morning Session Following Significant Share Buybacks and Tencent Gaming Partnership

Stock News

Jun 01

CHINA RUYI (00136) saw a sharp increase of nearly 17% in morning trading. At the time of writing, the stock was up 16.18%, trading at HK$1.58 with a turnover of HK$133 million.

The company announced that on May 28, it repurchased 68.404 million shares for approximately HK$95.64 million. Data indicates that since the beginning of May, CHINA RUYI has executed five share repurchases, totaling 224 million shares with a cumulative value of HK$324 million.

Furthermore, CHINA RUYI recently entered into a 2026 Game Cooperation Framework Agreement with a representative entity of Tencent. The collaboration encompasses four models: distribution cooperation, joint operation cooperation, marketing services, and exclusive agency. The agreement outlines plans to develop 12 collaborative products, expected to be launched successively between 2026 and 2027.

According to publicly available information, Tencent Holdings indirectly holds approximately 15.37% of the shares in CHINA RUYI.

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The agreement outlines plans to develop 12 collaborative products, expected to be launched successively between 2026 and 2027.</p>\n<p>According to publicly available information, Tencent Holdings indirectly holds approximately 15.37% of the shares in CHINA RUYI.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1598","symbol_name":"恒大概念","start_time":0,"source_url":"","article_id":"1132004144","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132004144","pubTimestamp":1780278793,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CHINA RUYI (00136) saw a sharp increase of nearly 17% in morning trading. 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