1⃣Yesterday, the company repurchased HKD 100.4 million shares as part of its buy back programme Tencent currently leads all Hong Kong listed companies in buybacks, with HKD 2.21 billion worth of shares being bought as of September 2026, according to Bloomberg 2⃣Secondly, DeepSeek - of which Tencent is one of the largest investors, is reportedly close to securing at least RMB 80 billion (USD 12 billion) in its latest funding round, blowing past its initial RMB 50 billion target for its planned 2027 IPO 💨Finally, the Huawei-Qualcomm licensing pact signed on 5 October - the first such pact between the two companies covering 5G technology that allows both companies access to each other's patent portfolios, is also providing a broader AI rerating tailwind for Chinese hyper-scalers including Ten