HK Stock Market Move | HELENS (09869) rose more than 12% and the board of directors decided to exercise the share buyback authorization.

HELENS(09869) rose more than 12%, as of the deadline, up 12.37% to 1.09 Hong Kong dollars, with a turnover of 20.72 million Hong Kong dollars. On the news front, HELENS announced that shareholders had approved a general and unconditional authorization for directors to repurchase up to 10% of the total number of issued shares on the day of the annual general meeting (up to 127 million shares). The company announced that on November 6, 2025, the board of directors decided to exercise the share repurchase authorization, intending to repurchase a number of shares not exceeding the authorization limit using existing internal financial resources in the open market. The company believes that the current trading price of the shares does not fully reflect the company's intrinsic value. Share repurchases reflect the company's long-term confidence in its business growth prospects and financial condition, enhancing the net asset value and earnings return per share, and are in the best interests of the company and shareholders.