HK TECH VENTURE surges over 6% in Hong Kong stock market. Online sales on "Cyber Monday" in the United States soared to a record high of USD 12.4 billion.

HK TECH VENTURE rose more than 6%, closing at a 6.06% increase, at HKD 2.8, with a turnover of HKD 12.71 million. On the news front, US e-commerce research firm Adobe Analytics released online shopping data for the 2023 holiday season. The data shows that holiday season spending reached a new high, with consumers spending a total of USD 12.4 billion on "Cyber Monday," a YoY increase of 9.6%, surpassing Adobe's initial forecast. The usage rate of "buy now, pay later" reached a historic high, driving USD 940 million in online spending, a YoY increase of 42.5%. In addition, the company announced that considering the near full utilization of the share repurchase plan in June 2023, the board of directors hereby announces the implementation of a new share repurchase plan, which will repurchase the company's shares from the open market from time to time, depending on market conditions, with a maximum amount of HKD 40 million.