China Ruyi Holdings Limited's stock surged 5.26% during intraday trading on Tuesday, marking a significant upward movement for the company.

The sharp rise follows the company's announcement of a substantial share repurchase program that commenced on May 18, 2026. The program authorizes China Ruyi to buy back up to 1.55 billion shares, representing 10% of its issued share capital, under authority granted at its June 3, 2025 Annual General Meeting.

According to the company, these repurchases are intended to enhance net asset value per share and earnings per share, signaling management's confidence in the business's underlying worth and capital allocation approach. The sizable 10% buyback authorization represents a significant capital return initiative that investors appear to be responding to positively.