On June 22, Jiufang Zhitou Holdings rose 5.66% in regular trading, trading at HK$26.74/share, with turnover of approximately HK$76.62 million.

On the news front, the company has been conducting intensive share repurchases in recent sessions. On June 18, it spent HK$5.215 million to buy back 201,300 shares at prices ranging from HK$25.20 to HK$27.32 per share. On June 17, it spent HK$2.853 million to repurchase 101,200 shares at prices between HK$27.84 and HK$28.46. Cumulative buyback expenditure has exceeded HK$110 million year-to-date.

Additionally, the company passed a new repurchase authorization on June 18 covering up to 46,408,470 shares, signaling management confidence in the company's intrinsic value. The stock had previously experienced significant selling pressure, including an 11.32% single-day decline on June 18. The sustained buyback activity appears to be providing floor support for the share price at current levels.

(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.)