On July 28, MOBVISTA rose 5.21% in regular trading, trading at HK$11.01 per share, with turnover of approximately HK$24.89 million.

The rebound follows a 5.54% decline on July 24 to HK$10.24, with the company's HK$300 million share buyback plan announced on July 17 providing price support. According to the filing, the board approved open-market repurchases at prevailing prices, with an upper limit of 10% of total issued shares, equivalent to no more than 162.16 million shares. The company stated its existing financial resources are sufficient to support the buyback while maintaining a sound financial position.

Additionally, Hong Kong-listed software stocks broadly advanced on the same day, with sector peers posting gains ranging from 3% to over 7%, providing a favorable market backdrop. The buyback announcement came alongside equity dilution events in June and July, including convertible bond conversions and restricted share unit grants totaling over 135 million new shares, which had previously weighed on sentiment.

(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.)