Hong Kong stock buybacks heat up, institutions suggest paying attention to structural opportunities.

Since 2026, Hong Kong-listed companies have continued to repurchase shares, and recently, the enthusiasm for repurchases has increased. Wind data shows that as of June 1, a total of 221 Hong Kong-listed companies have repurchased 3.388 billion shares this year, with a repurchase amount exceeding HK$65 billion, with the repurchase amount since May exceeding HK$23 billion. Stocks such as Tencent Holdings, AIA Insurance, and Xiaomi Group-W have repurchased large quantities of shares multiple times this year. Analysts believe that the current Hong Kong stock market, especially the Hang Seng Tech Index, is in a complex bottoming phase. With the dual support of profit recovery and low valuations in the future Hong Kong stock market, the overall trend is still expected to be positive, and it is recommended to focus on structural opportunities.