BEIJING N STAR (00588) surged more than 3%, reaching a 2.67% increase to HK$0.77 by the time of reporting, with a turnover of HK$12.99 million.

The company recently held its Q3 2025 earnings briefing, where investors raised questions about share repurchases. In response, Zhu Yan, Board Secretary and Chief Accountant, stated that the company places high importance on market value management. BEIJING N STAR has established the "Market Value Management Measures" and "Valuation Enhancement Plan" to systematically and consistently improve market value alignment with intrinsic worth.

Zhu noted that the controlling shareholder, N STAR Group, executed a share buyback plan from July 10, 2024, to July 7, 2025, boosting market confidence in the company's long-term investment value. Additionally, N STAR Group has initiated a new buyback plan, intending to purchase A-shares via the Shanghai Stock Exchange's centralized bidding system over 12 months starting October 14, 2025. The total buyback amount will range between RMB 45 million and RMB 90 million, not exceeding 2% of the company's total shares.