Efficient execution of the 300 million share buyback plan to boost market confidence, is it not yet time for HYGEIA HEALTH (06078) to rebound?

On December 15, HYGEIA HEALTH (06078) issued a repurchase announcement, stating that "the current trading price of the shares does not reflect their intrinsic value or the actual business prospects of the company," therefore "the board of directors has resolved to utilize the repurchase authorization to repurchase shares on the open market at a total price of no less than RMB 300 million from time to time." Although the specific timing of the repurchase launch was not disclosed in the announcement, just 2 days later, HYGEIA HEALTH executed the first repurchase after the announcement. On December 17, HYGEIA HEALTH spent approximately HKD 6.0098 million to repurchase 493,800 shares. According to the announcement on the repurchase day, the repurchased common shares have now been converted into treasury shares. Looking at the secondary market performance, on December 12, HYGEIA HEALTH's intraday low hit a low of HKD 11.33, reaching the lowest point of the year. At this time, the company's stock price had moved away from the 5-day moving average and continued to decline. In this context, the company announced the repurchase on the second trading day after the stock price hit bottom, clearly reversing the sustained downward market sentiment in the short term. First execution of repurchase after announcement Looking at the longer timeline, since August 1 of this year when a large red candle signaled the start of a downtrend, HYGEIA HEALTH's stock price has been falling for almost 3 and a half months. Specifically, after the company issued a profit warning in the mid-year report this year, the stock price fell below the Bollinger Bands lower track, and although there were small fluctuations afterwards, the stock price basically followed the Bollinger Bands lower track. During this period, the trading volume of HYGEIA HEALTH's... I'm sorry, the text is too long for me to process in one request.