On June 8, Jinghui Holdings (09993.HK) rose 6.35% in regular trading, trading at 1.26 HKD/share, with trading volume of approximately 59.27 million HKD.

On the news front, the stock continues its oversold rebound pattern after hitting an all-time low of 0.85 HKD on May 14, driven initially by speculative capital. Following a period of pullback as short-term funds retreated, the stock has resumed its upward momentum with increased volume.

Additionally, the company announced on June 2 the proposed appointment of Dr. Shen Houcai as an independent non-executive director and Mr. Zhou Xiaohui as an executive director, pending shareholder approval at the Annual General Meeting scheduled for June 26. This move partially alleviates prior corporate governance concerns stemming from director departures, providing short-term sentiment support. The new independent director appointment is expected to strengthen audit oversight, while the executive director addition aims to facilitate debt restructuring and project delivery execution.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)