On July 30, CMBC CAPITAL rose 9.8% in regular trading, trading at HK$1.11 per share, with turnover of HK$1.2528 million.

On the news front, the company repurchased 603,000 shares on July 29 for approximately HK$628,600, at prices ranging from HK$1.00 to HK$1.18 per share. Combined with the 1,000,000 shares and 880,000 shares repurchased on July 27 and July 28 respectively, the company has now bought back a cumulative 2.483 million shares over three consecutive trading days, deploying approximately HK$2.93 million in total. The sustained buyback activity continues to signal management confidence and price support to the market.

The stock had previously plunged over 60% across three trading days prior to the buyback period, primarily weighed down by shareholder Smart Fish Wealthlink's discounted sale of approximately 31.78 million shares at a total consideration of HK$95.35 million, resulting in an estimated loss of HK$25.2 million. The consecutive buyback program appears aimed at stabilizing sentiment following the sharp sell-off.

(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.)