China Nonferrous metals up 2% buy back share increase shareholder equity

China's nonferrous metals rose 1.82% to HK $1.12 in the fourth consecutive trading day this morning, with a gain of a share of the shares being boosted by a return on its share price, which is now facing a short-term m-type double top test, such as a breakthrough, future space or broad, following the 10th EMA. The company announced that it had bought back 490,000 shares of the company on May 15, with a repurchase price of between 1.03 and 1.09 Hong Kong dollars. The market generally understand that the listed companies repurchase shares is not satisfied with the current stock price, the stock price does not reflect the company's value, and then repurchase, the corresponding reduction of equity after the increase in shareholder equity.