HK Stock Market Move | HYGEIA HEALTH (06078) rose more than 10%. The company has been conducting buybacks for 15 consecutive days. Institutions believe that its internal revenue growth rate is expected to remain stable.

HYGEIA HEALTH (06078) rose more than 10%. As of the time of writing, it has risen by 10.63% to 17.48 Hong Kong dollars, with a turnover of 97.0741 million Hong Kong dollars. On the news front, according to data from Data Bao, HYGEIA HEALTH announced on the Hong Kong Stock Exchange that on September 24th, it repurchased 437,600 shares at a price of 14.600 to 14.740 Hong Kong dollars per share, with a total repurchase amount of 64.192 million Hong Kong dollars. The stock closed at 15.800 Hong Kong dollars that day, up 6.04%, with a total turnover of 159 million Hong Kong dollars. Since September 2, the company has conducted repurchases for 15 consecutive days, with a total repurchase of 600,980 shares and a cumulative repurchase amount of 98.1353 million Hong Kong dollars. China Securities Co., Ltd. released a research report, stating that the company's announcement of repurchasing shares in the open market for not more than 200 million yuan demonstrates its confidence in its own medium to long-term development. With the gradual increase in the utilization rate of the company's new beds, internal revenue growth is expected to remain stable. In addition, the contribution from the acquisition of three hospitals last year, along with good operational improvements, is expected to contribute to a faster growth in the company's overall revenue in 2024.