HK Stock Market Move | FOSUN INTL(00656) rose more than 5% in the afternoon. Controlling shareholders and senior executives plan to increase their holdings by no more than 500 million yuan.

FOSUN INTL (00656) rose more than 5% in the afternoon, rising by 5.01% as of the time of writing, reaching 3.77 Hong Kong dollars, with a trading volume of 172 million Hong Kong dollars. On the news front, FOSUN INTL announced that the company has received notifications from its controlling shareholder Fosun Group and senior management. The controlling shareholder and executives plan to increase their holdings of the company's shares in the open market within 12 months after the company's 2025 annual performance announcement, with the total amount of shares to be increased not exceeding 500 million Hong Kong dollars. It is worth noting that earlier this month, the company announced that as of March 1, 2026, the total number of shares repurchased amounted to 259 million shares, accounting for approximately 3.17% of the total number of issued shares, with a total repurchase amount of about 1.19 billion Hong Kong dollars. The company plans to repurchase shares in the open market from the date of the company's 2025 annual performance announcement until the expiration of the repurchase authorization in 2026 at the annual general meeting, with a total repurchase amount not exceeding 1 billion Hong Kong dollars.