Movement Alert|Jiufang Zhitou Holdings Rises 6.57% in Regular Trading, Intensive Share Buybacks Continue to Bolster Market Confidence

Market Focus
06/25

On June 25, Jiufang Zhitou Holdings rose 6.57% in regular trading, trading at HKD 28.5 per share, with turnover of approximately HKD 53.98 million.

On the news front, the company has been conducting intensive share buybacks in recent sessions. On June 24, the company repurchased 95,000 shares for approximately HKD 2.57 million at prices between HKD 26.48 and HKD 27.36. On June 23, it repurchased 73,500 shares for approximately HKD 2.02 million. Earlier, on June 18, the company repurchased 201,300 shares for HKD 5.22 million. The cumulative buyback amount for the year has exceeded HKD 110 million. On June 18, shareholders approved a new buyback mandate authorizing the repurchase of up to 46,408,470 shares, signaling management confidence in the company's intrinsic value. Following an 11.32% single-day decline on June 18, the sustained buyback program has provided bottom support, and the stock has entered a recovery phase in recent sessions.

(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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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