HK Stock Market Move | VOYAH AUTO (07489) rose more than 5% in the afternoon, with major shareholder Dongfeng initiating two rounds of additional share purchases within 15 days, totaling no more than 500 million yuan.

VOYAH AUTO (07489) rose more than 5% in the afternoon, with a 4.44% increase as of the time of writing, reaching 6.35 Hong Kong dollars, with a turnover of 391.956 million Hong Kong dollars. On the news front, VOYAH AUTO announced that its controlling shareholder, Dongfeng Motor Corporation's subsidiary Dongfeng Hong Kong, stated that based on their full recognition and confidence in the company's future development prospects, they support the company's continued, healthy, and stable development. Dongfeng Hong Kong plans to increase their holdings of the company's H shares over the next 12 months from the date of this announcement, with the initial planned increase totaling no more than 250 million Hong Kong dollars. It is worth noting that on March 30, Dongfeng Asset Management announced its plans to increase its holdings of VOYAH AUTO H shares within 12 months from the date of the announcement, with the initial planned increase totaling no more than 250 million Chinese yuan. Within just 15 days, the major shareholder announced twice to increase their holdings of VOYAH AUTO shares, with a total amount not exceeding 500 million yuan.