On June 11, Jinhui Holdings rose 11.11% in regular trading, trading at HK$1.32 per share, with trading volume of HK$68.54 million.

On the news front, the stock continues its oversold rebound pattern after hitting an all-time low of HK$0.85 on May 14. Following a period of speculative capital withdrawal and pullback, the stock resumed upward momentum with increased volume. Additionally, the company announced on June 2 the proposed appointment of Shen Houcai as independent non-executive director and Zhou Xiaohui as executive director, pending approval at the June 26 annual general meeting. This move partially alleviates governance concerns stemming from prior director departures.

Notably, only approximately 11.46% of total issued shares are actually tradable in the market, a characteristic low-float structure that significantly amplifies short-term price swings. The company also disclosed authorization to repurchase up to 10% of issued share capital. Fundamentally, the company reported a full-year net loss of HK$7.94 billion with auditors flagging going-concern uncertainty.

(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.)