On May 21, Lingbao Gold rose 5.5% in regular trading, trading at HKD 19.21/share, with trading volume of HKD 88.33 million. The rally was driven by the company's consecutive share buybacks and a broader recovery in the gold sector.

On the buyback front, Lingbao Gold spent approximately HKD 22.94 million on May 18 to repurchase about 1.2176 million shares at HKD 18.59-19.22 per share, followed by another HKD 22.88 million on May 20 to repurchase 1.2871 million shares at HKD 17.42-18.11 per share. The intensive buyback activity signals management confidence in the company's intrinsic value. Additionally, the company declared a final dividend of RMB 0.05 per share, with the ex-date set for May 21.

Meanwhile, the gold sector showed broad-based strength, with Zijin Mining up 1.96%, Chifeng Gold up 2.36%, and SD Gold up 1.84%. Lingbao Gold had previously declined over 20% within one week due to softening gold prices, and the current rebound exhibits characteristics of an oversold recovery.

(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.)