On June 30, China Conch Venture rose 5.02% in regular trading, trading at HK$11.25/share, with turnover of HK$43.40 million.

On the news front, the company held its annual general meeting on June 25 and passed multiple resolutions, including the adoption of amended articles of association. A share buyback authorization of up to 10% of issued share capital was approved, aimed at optimizing capital structure and enhancing shareholder returns. Meanwhile, the ex-dividend date is set for July 2 with a dividend of HK$0.30 per share, potentially attracting capital to position ahead of the record date.

Additionally, Anhui Conch Group has completed increasing its stake to 21%, signaling continued confidence from the controlling shareholder and providing further support to market sentiment. The convergence of corporate governance improvements, buyback authority, imminent dividend distribution, and major shareholder accumulation collectively contributed to bullish momentum in today's session.

(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.)