On June 23, Jiufang Zhitou Holdings rose 5.71% in regular trading, trading at HK$29.32/share, with turnover of approximately HK$36.23 million. The stock continues its rebound following a sharp 11.32% single-day decline on June 18.

On the news front, the company has maintained an intensive share buyback program providing bottom support. On June 18, the company repurchased 201,300 shares for approximately HK$5.22 million at prices between HK$25.20 and HK$27.32 per share. On June 17, it repurchased 101,200 shares for approximately HK$2.85 million at prices between HK$27.84 and HK$28.46 per share. Cumulative buyback spending for the year has exceeded HK$110 million. Additionally, on June 18, the company passed a new repurchase authorization totaling 46,408,470 shares, signaling management confidence in the company's intrinsic value. The sustained buyback activity has provided a price floor following the recent correction, with the stock now in a recovery phase.

(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.)