On July 21, Lingyi iTech (01688.HK) rose 3.24% in regular trading, trading at HKD 6.7/share, with turnover of approximately HKD 60.60 million.

On the news front, the company's board recently passed a resolution to double its A-share buyback fund ceiling from \"no less than RMB 200 million, no more than RMB 400 million\" to \"no less than RMB 400 million, no more than RMB 800 million,\" while keeping the buyback price cap unchanged at RMB 21.08 per share. As of July 17, the company had cumulatively repurchased approximately 29.06 million shares at a total cost of RMB 399 million, with transaction prices ranging from RMB 12.45 to RMB 14.43 per share. Based on the adjusted maximum fund size, the company estimates it could repurchase up to approximately 37.95 million shares, representing 0.47% of total share capital.

The doubling of the buyback quota signals management's recognition of long-term corporate value. Combined with the company's continued acceleration of secondary market repurchases in recent weeks, this provides near-term support for the share price.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)