Understanding the Market | ZG GROUP-W rose over 14% and plans to repurchase shares in the open market

ZG GROUP-W rose over 14%, as of the time of writing, up 13.7%, priced at HKD 2.49, with a transaction volume of HKD 4.9525 million. In terms of news, ZG GROUP announced that based on its firm confidence in the company's future development prospects and high recognition of its intrinsic value, it is committed to safeguarding the rights and interests of all shareholders, continuously consolidating market confidence in the company, and enhancing the company's investment value. On September 29, 2025, the board of directors resolved to exercise the repurchase authorization, intending to repurchase no more than 107 million Class A shares at a maximum price of HKD 10 per share in the open market using existing internal financial resources (subject to trading restrictions under listing rules). The announcement stated that if the company exercises the repurchase authorization to repurchase Class A shares as planned, it will comply with the articles of association, listing rules, and other applicable laws and regulations. The board of directors does not intend to exercise the repurchase authorization in a manner that would have a significant adverse impact on the company's working capital needs or capital debt levels as deemed appropriate by the board