October 2nd Global People's Daily | vobile group (3738.HK) opened high and rose today, with a maximum increase of about 28% to 2.79 Hong Kong dollars during the trading session, reaching a new high for over a year since August 16 last year. The stock rebounded by over 13% last week, and continued to soar in the first two trading days of this week, with a cumulative increase of over 51% based on today's highest price in the trading session. vobile group announced today that it plans to repurchase shares in the open market with a total amount not exceeding 0.2 billion Hong Kong dollars. The company believes that the share repurchase plan reflects its confidence in the outlook and prospects of its business. The company aims to enhance shareholder value and support long-term growth through stock buybacks. The board of directors believes that the company's existing financial resources are sufficient to support share repurchases while maintaining a sound financial condition.