hogfish| SF Express City (09699) spent HK$1.486 million to repurchase 145,000 shares

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Shunfeng Tongcheng (09699) refunded 148on May 13.HogfishHK $60,000 buyback 14Hogfish.50,000 shares.

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[Shunfeng City spent HK $1.486 million on share buyback] SF Tongcheng (09699) announced a share buyback on May 13, 2024.HogfishTo buy 145000 shares at a cost of HK $1.486 million This buyback shows the company's value to itself.HogfishAt the same time, it may have a positive impact on the secondary market investors. According to the announcement, the number of shares repurchased in the same city accounts for a small part of the company's total share capital, but the move sends a positive signal to the market that the company's management has confidence in the company's future development. Stock repurchase is usually regarded as an effective means for companies to repay shareholders and improve earnings per share. Shunfeng City as an important participant in the express logistics industry, its stock price performance has been concerned by investors. This share buyback may give a short-term boost to the company's share price, but the long-term stock price trend still needs to observe the company's fundamentals and industry trends. Investors need to pay attention to the future performance of Shun Feng City and the competition pattern of the industry, and comprehensively evaluate the long-term impact of this share buyback on the company's stock price. At the same time, investors should also pay close attention to the follow-up capital operation of the company in order to make more informed investment decisions. The share buyback in the same city of SF is part of the company's capital operation, and its impact on the market still needs to be continuously observed. When considering investing in the same city of Shunfeng, investors should fully consider the market risk and make a decision combined with their own investment strategies. In short, Shun Fung City spent HK $1.486 million to buy back 145000 shares, which shows the company's management's confidence in the company's future development and may have a positive impact on investors in the secondary market. Investors should pay close attention to the company's fundamentals and industry trends, and comprehensively assess the long-term impact of this share buyback.