On June 1, China Ruyi Holdings rose 11.76% in regular trading, trading at HK$1.56 per share, with trading volume of approximately HK$102 million. The rally was driven by the company's sustained large-scale share repurchases and a newly proposed buyback authorization plan.

On May 28, the company repurchased 68.404 million shares on the Hong Kong Stock Exchange at prices ranging from HK$1.33 to HK$1.45 per share, spending approximately HK$95.64 million. Earlier on May 21, it spent HK$102 million to buy back 70.008 million shares. Cumulatively, the company has repurchased approximately 224 million shares, representing 14.42% of the total authorized buyback quota of 1.552 billion shares approved at the June 2025 AGM.

Additionally, on May 27 the company announced a proposal for a new buyback authorization to be voted on at the June 22 AGM, allowing directors to repurchase up to 10% of issued share capital, equivalent to approximately 1.677 billion shares. The board stated this initiative would enhance per-share value and serve the best interests of shareholders. The combination of intensive buyback activity and the expanded authorization plan jointly bolstered market confidence in the company's valuation.

(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.)