--- title: "Hong Kong stock movement: JIAXIN INTL RES rises 10.06%, tungsten prices soar and the impact of unlocked shares affects market sentiment" type: "News" locale: "en" url: "https://longbridge.com/en/news/277148373.md" description: "JIAXIN INTL RES rose 10.06%; Luoyang Molybdenum rose 1.50%, with a transaction amount reaching HKD 582 million; Minmetals Resources rose 1.14%, with a transaction amount reaching HKD 288 million; Universal Gold Group rose 1.88%, with a transaction amount reaching HKD 252 million; Liqin Resources rose 0.76%, with a market value of HKD 45.5 billion" datetime: "2026-02-27T06:06:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277148373.md) - [en](https://longbridge.com/en/news/277148373.md) - [zh-HK](https://longbridge.com/zh-HK/news/277148373.md) --- # Hong Kong stock movement: JIAXIN INTL RES rises 10.06%, tungsten prices soar and the impact of unlocked shares affects market sentiment **Hong Kong Stock Movement** JIAXIN INTL RES rose 10.06%. Based on recent key news: 1. On February 25, Zhangyuan Tungsten increased its procurement price for tungsten ore, driving up tungsten prices. The price of tungsten concentrate has risen by 59.8% since the beginning of the year, and tungsten powder prices have increased by 66.7%, which supports the stock price of JIAXIN INTL RES, leading to an 8% increase in stock price. Source: Zhitong Finance 2. On February 24, the number of shares held by cornerstone investors of JIAXIN INTL RES is about to be unlocked, with an unlocking amount of HKD 2.35 billion, accounting for 6.25% of the issued shares. This news has attracted market attention, intensifying stock price fluctuations. Source: Zhitong Finance 3. On February 25, JIAXIN INTL RES was included in the Hang Seng Composite Index, expected to take effect on March 9. This move may increase investor interest in the stock, driving up the stock price. Source: Zhitong Finance, tungsten price increase, impact of Hong Kong Stock Connect adjustments. **Stocks with High Trading Volume in the Industry** Luoyang Molybdenum rose 1.50%. Based on recent key news: 1. On February 25, China's imports of cobalt intermediate products decreased, leading to increased market concerns about the cobalt supply chain. The reduction in imports of cobalt intermediate products from Congo has raised doubts about the stability of the cobalt supply chain, affecting the stock prices of related mining companies. 2. On February 24, China's demand for rare earths and other critical minerals increased, leading to greater reliance on third-party suppliers. As China's demand for rare earths and other critical minerals continues to grow, its dependence on imports from neighboring countries like Myanmar is increasing, which may impact the market supply chain. 3. On February 23, the market reassessed the role of Chinese mining companies in the global supply chain, affecting stock price fluctuations. Due to China's importance in the global mining supply chain, the market has reevaluated its future development and supply chain stability, leading to stock price volatility for related companies. Increased mining demand, enhanced supply chain dependence. Minmetals Resources rose 1.14%. Based on recent key news: 1. On February 25, copper stocks collectively rose, with Minmetals Resources increasing by 4.19%. Citigroup released a research report stating that it is optimistic about copper prices in the short term, expecting them to reach USD 14,000 per ton in the next three months. Investors are buying on dips, and the replenishment of inventory in the Chinese supply chain after the Spring Festival supports the trend of copper prices. Source: Zhitong Finance 2. On February 25, Goldman Sachs pointed out that after a rebound in the metal market in 2025, most commodities will continue to perform strongly in early 2026. Adjustments in investor asset allocation may keep copper prices high in the long term, creating structural premiums. Source: Zhitong Finance 3. On February 25, factors such as de-dollarization, currency depreciation, and resource security have led the market to be optimistic about the cyclical growth of copper prices, further supporting the rise in copper prices. Source: Zhitong Finance, bullish on copper prices, strong investor willingness to allocate hard assets. Wanguo Gold Group rose 1.88%, with a trading volume of HKD 252 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation **Stocks Ranked Among the Top in Market Capitalization in the Industry** LiQin Resources, up 0.76%, with a market capitalization of HKD 45.5 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [03858.HK](https://longbridge.com/en/quote/03858.HK.md) ## Related News & Research - [Caro Holdings Acquires Minority Stake in Tanzanian Mining Assets](https://longbridge.com/en/news/289647881.md) - [Lithium Supply Shortages Could Fuel the Next Rally in These Mining Stocks](https://longbridge.com/en/news/289331166.md) - [Lightning Minerals Seeks ASX Quotation for 62.5 Million New Shares](https://longbridge.com/en/news/289249567.md) - [2 supercharged trends that could send MP Materials stock to new heights](https://longbridge.com/en/news/289493977.md) - [Copper Rises as Precious Metals Pare Losses & Dip Buyers Emerge | Can the Lows Hold? Metals Minute Phil Streible](https://longbridge.com/en/news/289045064.md)