China’s Tencent Holdings is stepping up share repurchases as its Hong Kong-listed stock struggles to recover from a broad selloff. Multiple reports say the company has been buying back shares almost every trading day since mid-May, following the release of results that showed its slowest revenue growth in six quarters. The buyback activity comes as investors react to weaker growth signals and broader market volatility. Bloomberg reports that the selloff has reduced Tencent’s market value by about $309 billion since early October, leaving the shares under pressure. Moneyweb similarly links the increased buyback pace to the company’s recent financial performance and notes that Tencent has maintained frequent repurchases over the past several weeks. While the two outlets focus on different aspects—share price declines and market value losses versus the buyback schedule and revenue-growth slowdown—they both describe the same core development: Tencent accelerates or sustains active buybacks during a period when its shares have fallen and trading sentiment remains cautious.