Changes in Hong Kong stocks | Yimai Sunshine (02522) rose more than 5% in early trading, the company plans to spend up to HK$200 million to buy back the chairman and increase its holdings

The Zhitong Finance App learned that Yimai Sunshine (02522) rose more than 5% in early trading. As of press release, it had risen 3.25% to HK$10.16, with a turnover of HK$509.561 million.

According to the news, Yimai Sunshine recently announced that it intends to further repurchase H shares in the open market from time to time, with a cumulative repurchase amount of no more than HK$200 million. Furthermore, based on confidence in the company's overall development prospects and growth potential, in order to promote the company's continuous, stable and healthy development and safeguard the interests of investors, Chen Chaoyang, the company's chairman, executive director and CEO, increased his holdings of the company's H shares by 59,500 shares at an average price of HK$10.1 per share on the open market.