Hong Kong Stock Movement: JIAXIN INTL RES fell by 10.11%, with clear capital flow, and increased volatility attracting market attention

Hong Kong Stock Movement JIAXIN INTL RES fell 10.11%, with no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks Ranked High in Industry Trading Volume Luoyang Molybdenum Co., Ltd. rose 0.25%. Based on recent key news: On January 25, Luoyang Molybdenum completed the acquisition of a gold mine from Equinox Gold, involving gold resources of 5.013 million ounces, which is expected to significantly enhance the company's profitability. This news drove the stock price up. On January 26, Luoyang Molybdenum completed the issuance of USD 1.2 billion in bonds, strengthening the company's financial capacity and supporting future expansion. On January 28, JP Morgan raised Luoyang Molybdenum's earnings forecast by 27% to 30% and reiterated its "Overweight" rating, further boosting market confidence. Gold prices rose, benefiting gold stocks. Wanguo Gold Group fell 5.12%. Based on recent key news: On January 26, Zijin Mining and Zijin Gold International announced the acquisition of United Gold for approximately CAD 5.5 billion. This move may lead to increased market attention on the gold industry, affecting Wanguo Gold Group's stock price decline. Source: Huigang Communications, increased M&A activity in the gold industry, heightened market attention. Minmetals Resources rose 2.24%. Based on recent news: On January 28, Minmetals Resources announced a 27% year-on-year increase in total copper production and a 6% increase in total zinc production, with significant increases in precious metal by-product production, driving the stock price up. The company expects earnings per share to grow 1.1 times by 2026. Source: Zhitong Finance On January 26, Citigroup raised Minmetals Resources' earnings forecast for 2025 to 2027 and significantly raised the target price to HKD 12.5, maintaining a "Buy" rating. Source: Zhitong Finance On January 27, Minmetals Resources announced that profits for 2025 would be negatively impacted by impairment expenses from the Kinsevere mining area, but overall profitability remains robust. Source: Zhitong Finance. Recently, metal prices have strengthened, and the global mining supply chain is tightening. Stocks Ranked High in Industry Market Capitalization Liqin Resources fell 3.33%. Based on recent key news: On January 27, Liqin Resources strengthened in the morning session, continuing a high-level upward trend, with increased heat in the materials sector. The rebound in prices of cobalt, nickel, and other non-ferrous metals has driven growth in related business sectors, and the market is optimistic about its capacity expansion and cost control capabilities, with increased capital inflow. However, the high turnover rate has increased, and there are more signals of short-term profit-taking. If it cannot sustain volume, it may test support in the short term. Source: Zhitong Finance On January 26, Liqin Resources announced company information through the Hong Kong Stock Exchange. Source: Hong Kong Stock Exchange No other significant news recently. New materials industry policies are being strengthened, and demand is expanding