MEDIA CHINESE (00685) spent 81,900 Hong Kong dollars on January 21 to repurchase 400,000 shares.

17:45 21/01/2025

World Chinese Media (00685) issued an announcement that the company spent 81,900 Hong Kong dollars on January 21, 2025...

Media Chinese (00685) announced that on January 21, 2025, the company spent HK$81,900 to repurchase 400,000 shares at a repurchase price of HK$0.204-0.208 per share. On the same day, the company also spent MYR36,000 to repurchase 300,000 shares at a repurchase price of MYR0.12 per share.

HK Stock Market Move | In the afternoon, data center stocks rose, with GDS-SW (09698) rising over 16% after performance, and SUNEVISION (01686) rising over 5%.

HK Stock Market Move | WEIMOB INC (02013) is currently up nearly 7%, with adjusted net profit turning positive for the first time in recent years. Annual revenue related to AI has surpassed one billion yuan.

Goldman Sachs: Initiates coverage of Montage Technology (06809) with a "buy" rating and a target price of HK$268.

HK Stock Market Move | In the afternoon, data center stocks rose, with GDS-SW (09698) rising over 16% after performance, and SUNEVISION (01686) rising over 5%.

Goldman Sachs: Initiates coverage of Montage Technology (06809) with a "buy" rating and a target price of HK$268.