Hong Kong stock movement: LYGEND RESOURCE fell 10.04%, short-term profit-taking surged, market sentiment turned cold?

Hong Kong Stock Movement LYGEND RESOURCE fell 10.04%. Based on recent key news: On January 27, LYGEND RESOURCE strengthened in the morning, with increased activity in the materials sector. The rebound in prices of non-ferrous metals such as cobalt and nickel drove growth in related businesses. Policy support and expansion of downstream demand injected momentum into the company, enhancing capital inflow. Source: Zhitong Finance On January 26, the market held an optimistic view on LYGEND RESOURCE's capacity expansion and cost control capabilities. There was significant capital inflow, with speculative and long-term funds resonating. Source: Wall Street Insights On January 25, after a continuous rise, LYGEND RESOURCE's turnover rate increased, with more signals of short-term profit-taking. The main force was trading at high levels, and if volume could not be sustained, a short-term pullback might occur. Source: Jinshi Data New materials industry policy intensification, demand expansion Stocks with High Trading Volume in the Industry Luoyang Molybdenum fell 7.58%. Based on recent news: On January 30, copper stocks overall declined, affecting Luoyang Molybdenum. Microsoft's earnings report raised concerns in the market about investment returns in the AI sector, leading to a drop in copper prices, and Luoyang Molybdenum's stock price subsequently fell by 6.84%. On January 27, Luoyang Molybdenum completed the issuance of USD 1.2 billion zero-coupon convertible bonds. The bonds were listed on the Vienna Stock Exchange, increasing the company's financial burden, and the market reacted negatively. On January 28, Luoyang Molybdenum's cobalt product exports from the Democratic Republic of the Congo resumed. Despite the recovery in cobalt exports, the market still harbored doubts about its short-term profitability, and the stock price failed to rebound. Copper price fluctuations and macro sentiment adjustments were noted. China Minmetals fell 10.03%. Based on recent news: On January 28, China Minmetals issued a profit warning, expecting that profits for the fiscal year 2025 would be negatively impacted by impairment expenses related to the Kinsevere mining area, with impairment amounts estimated at approximately USD 280 million to 300 million before tax. This news raised market concerns about the company's future profitability, leading to a drop in stock price. On January 30, copper stocks overall declined, with China Minmetals among the largest decliners. Influenced by Microsoft's earnings report, market expectations for investment returns in the AI sector decreased, leading to fluctuations in copper prices, further pressuring the performance of related stocks. On January 27, CCB International released a research report stating that although China Minmetals' production is expected to rise moderately in 2026, the expectation of rapid profit growth did not offset market concerns about short-term impairment impacts, putting pressure on the stock price. Significant impacts from copper price fluctuations and macro sentiment adjustments were noted. World Gold Council fell 8.94%. Based on recent key news: On January 30, World Gold Council announced a projected profit growth of 143% to 161% for 2025, mainly due to increased sales volume and prices of gold products. However, the stock price decline may reflect that the market's expectations for future profit growth have already been priced in, leading to profit-taking by investors. Source: Zhitong Finance On January 29, analysts rated World Gold Council as a buy, with a target price of HKD 15.50. Despite the positive rating, the market reacted poorly, possibly due to investor concerns about limited upside potential for the stock price in the short term Source: Economic Information Agency On January 29, Universal Gold Group announced through the Hong Kong Stock Exchange that it confirmed its profit expectations for 2025, further affirming the company's profitability improvement. However, the decline in stock price indicates market concerns about short-term fluctuations. Source: Hong Kong Stock Exchange announcement on how gold price fluctuations affect industry performance. Stocks ranked at the top of the industry by market capitalization Jiaxin International Resources, down 3.38%, with a market capitalization of HKD 36.5 billion, has no significant news recently. Trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation