Since September 11th, the Hang Seng Index has continued to climb, with a cumulative increase of 21%.

On September 27th, the Hong Kong stock market transaction volume set a new historical record, with the three major indices all refreshing the highest records of the year. 

The transaction volume for the day reached 445.748 billion Hong Kong dollars, setting a new historical record. As of the close on that day, the Hang Seng 

Index broke through the 20,000 point mark, rising by 3.55%, reporting 20,632.3 points, creating the largest increase of the year. The pharmaceutical, dairy, 

Chinese-funded securities firms, and domestic real estate stocks and other sectors performed prominently.

It is particularly noteworthy that since mid-September, the stock price of HKEX has accumulated an increase of nearly 33%; on the afternoon of September 27th, 

the stock price once rose by nearly 10%, reaching 305.6 Hong Kong dollars, setting a new high since August 2023, which fully 

reflects the positive attitude of capital and the significant improvement of market sentiment.

After the US dollar interest rate cut, the exchange rate is approaching the 7 mark. With the exchange rate pressure removed, 

it provides more easing windows and conditions for the country, and the lower financing cost for companies is suitable for the 

current low-speed environment. So after the US interest rate cut of 50bp, it can be seen that in the past two days, the Hang Seng Technology Index ETF (513180.SH) 

has risen by nearly 5%, and the market already has smart money accelerating the layout of the interest rate cut market.

Counting in 2024, which companies are still repurchasing shares:

In the relatively low and volatile market situation before, many companies in the Hong Kong stock market chose to repurchase the company's circulating shares. 

According to the data statistics of the Smart Finance APP, as of now in 2024, among all 2626 listed companies in Hong Kong stocks, about 239 

companies have participated in the repurchase, which can be described as "buying the bottom for themselves."

Calculated based on the cumulative repurchase amount since September 10th, the five listed companies with the largest repurchase amount are 

Tencent Holdings (00700), Meituan-W (03690), HSBC Holdings (00005), AIA Group (01299), and Kwai-W (01024), with repurchase amounts of approximately 10.718 billion, 

3.229 billion, 2.294 billion, 1.261 billion, and 0.410 billion Hong Kong dollars, respectively.

Calculated based on the proportion of repurchased shares to the total circulating capital, the five companies with the highest proportion

 of repurchased shares since September 10th are Kangning Hospital (02120), Shenglong Jinxiu International (08481), Lianhe Biotechnology Group (00690),

 China Xuyuan Group (01907), and Puhua Shun (01358), with repurchase ratios of 2.54%, 2.46%, 1.16%, 0.97%, and 0.95%, respectively.