fierce3reel| SF Express City (09699): On May 14, 2024, it spent HK$987,000 to repurchase 97,600 shares

Newsletter summary

Shunfeng City (09699) invested 98Fierce3reelHK $70, 000 to buy back 97600 shares.

Text of news flash

Shunfeng City: HK $987000 to buy back 97600 shares on May 14, 2024 [Shunfeng City (09699) will be implemented on May 14, 2024.Fierce3reelThe share buyback program invested a total of HK $987000 and bought back 97600 shares. The repurchase operation in the same city of SF may be aimed at boosting investor confidence and boosting the company's share price. Buybacks are usually seen as an expression of a company's confidence in its own value, indicating that it believes that the market price does not fully reflect the intrinsic value of the company. The number of shares repurchased in the same city accounts for a small share of the company's issued share capital, but this behavior has a significant impact on market sentiment. Investors' expectations of the company's future prospects, as well as its performance in the secondary market, may be positively affected. It is worth noting that the repurchase of Shun Feng in the same city is not an one-off transaction, but part of a series of financial operations of the company. For this, investors need to continue to pay attention to the follow-up developments in the same city of Shun Feng in order to accurately grasp the value of the company and investment opportunities. At present, the trading of shares in the same city of Shunfeng is more active in the secondary market, and investors can pay close attention to the changes of its stock price and find the right time to buy and sell. At the same time, paying real-time attention to the announcement and financial reports of Shun Feng in the same city will help investors to fully understand the company's operating situation and future development strategy. Overall, the repurchase behavior of Shun Feng in the same city has brought a positive impact on the company's share price, and its future performance is worthy of attention. Investors should comprehensively consider many factors such as market sentiment, corporate fundamentals and macro-economy, and make rational investment decisions. [disclaimer] the content of this column is for reference only and does not constitute investment advice. The stock market is risky and investment should be cautious.