Understanding the Market | APT ELECTRONICS rose over 9%, controlling shareholder group and executives plan to increase holdings, totaling no more than 5 million shares

APT ELECTRONICS rose over 9%, as of the time of writing, up 9.79%, priced at HKD 3.14, with a transaction volume of HKD 1.0043 million. In terms of news, on the evening of September 29, APT ELECTRONICS announced that it received notification from the controlling shareholder group and senior management on September 29, based on an optimistic assessment of the group's future development prospects and confidence in the group's continuous, stable, and healthy development, as well as full recognition of the group's long-term investment value, they plan to increase their holdings of the company's H shares in the open market within 3 months starting from today, with a total not exceeding 5 million shares. Currently, the controlling shareholder group holds 43.72% of the company's total share capital