HK Stock Market Move | BRETON (01333) rises over 6% against the market as Chairman of the Board Chen Fangming plans to increase his shareholding in the company by no more than approximately HK$50 million.

BRETON (01333) rose over 6% against the market trend. As of press time, it was up 6.05% at HK$17.54, with a turnover of HK$47.8104 million. On the news front, on November 5, BRETON issued an announcement that the company's board of directors was informed by Mr. Chen Fangming, Chairman of the Board, Executive Director and substantial shareholder of the company, that he plans to increase his shareholding in the company's H shares in the open market using his own funds, with the total consideration for the proposed increase in shares not exceeding approximately HK$50 million. Mr. Chen Fangming stated that the shareholding increase plan reflects his firm confidence in the group's future development prospects and long-term growth potential, as well as his recognition of the company's long-term value.