The Zhitong Finance App learned that Auto Home-S (02518) opened nearly 10% higher. As of press release, it had risen 9.97% to HK$44.14 to 1412,000.

According to the news, Auto Home-S issued an announcement. On July 28, 2026, Beijing time, the company announced that its board of directors (board of directors) has approved a new share repurchase plan (new share repurchase plan), which will take effect from July 28, 2026. Under the new share repurchase plan, the Company can repurchase up to $400 million of American Depositary Shares within the next 12 months.

It is worth mentioning that recently, Auto Home held a new retail investment promotion conference. The conference focused on the new automobile retail circuit, the growth of the sinking market, and development opportunities in the automotive aftermarket, unveiled a comprehensive upgrade plan for the Auto Home Mall, and launched a variety of cooperation models for OEMs, car dealers, and offline physical stores across the country. At this investment fair, Auto Home's retail chain brand “Jiajia Good Car” was unveiled. In 2026, Jiajia Auto plans to add 600 new stores nationwide.

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