HK Stock Market Move | CHINA RUYI (00136) rose nearly 17% in early trading, with repurchases exceeding HK$300 million in May. Previously, it signed a game cooperation framework agreement with Tencent.

CHINA RUYI (00136) rose nearly 17% in early trading, as of the time of writing, it had risen by 16.18% to 1.58 Hong Kong dollars, with a turnover of 133 million Hong Kong dollars. On the news front, CHINA RUYI announced on May 28 that the company spent 95.64 million Hong Kong dollars to repurchase 68.404 million shares. Data shows that the company has conducted a total of 5 repurchases since May, repurchasing a total of 224 million shares, with a cumulative repurchase amount of 324 million Hong Kong dollars. It is worth noting that recently, CHINA RUYI signed a 2026 game cooperation framework agreement with Tencent. The cooperation includes four models: publishing cooperation, joint operation cooperation, marketing services, and exclusive agency. Under the agreement, it plans to develop 12 cooperative products, expected to be launched between 2026 and 2027. According to public information, TENCENT indirectly holds about 15.37% of CHINA RUYI's shares.