Hong Kong Stock Movement
JIAXIN INTL RES rose 10.87%. Based on recent key news:
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On April 27, JIAXIN INTL RES Investment Co., Ltd. announced through the Hong Kong Stock Exchange that the company will undertake significant investment projects in the future, which are expected to significantly enhance the company's profitability. Following this announcement, the market reacted positively, driving the stock price up.
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On April 27, the company further disclosed specific details of the investment projects, including project scale and expected returns, which boosted investor confidence and continued to push the stock price higher.
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On April 27, JIAXIN INTL RES Investment Co., Ltd. mentioned in the announcement that the management is confident about future development and plans to increase shareholder returns, which further stimulated the rise in stock price. The Hong Kong market has shown strong performance recently, with investor sentiment high.
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Stocks with High Trading Volume in the Industry
Luoyang Molybdenum Co., Ltd. rose 3.45%. Based on recent key news:
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On April 27, Citigroup raised the target price for Luoyang Molybdenum Co., Ltd. by about 3.5% to HKD 29.3, stating that considering the increase in forecast prices for cobalt, molybdenum, and tungsten, as well as the expected increase in copper production, it has raised the company's net profit forecasts for this year and next year by 3.2% and 10.5%, respectively. Analysts noted that Luoyang Molybdenum's net profit in the first quarter achieved a year-on-year and quarter-on-quarter increase, mainly driven by rising copper and tungsten prices and contributions from the Brazilian gold assets acquired in January. The first-quarter performance was generally in line with expectations.
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On April 27, Huatai Securities published a research report indicating that Luoyang Molybdenum achieved revenue of CNY 66.403 billion in the first quarter of this year, a year-on-year increase of 44.34% and a quarter-on-quarter increase of 8.5%. The net profit attributable to the parent company was CNY 7.76 billion, a year-on-year increase of 96.65% and a quarter-on-quarter increase of 28.07%. The net profit excluding non-recurring items was CNY 7.486 billion, a year-on-year increase of 90.58%. In terms of costs, the company's cost control has been effective, with copper costs slightly decreasing quarter-on-quarter; however, the war in the Middle East has led to sulfur prices remaining in a rapid upward trend, so it is anticipated that copper and phosphate fertilizer costs may rise starting in the second quarter of this year.
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On April 27, Zhitong Finance reported that Luoyang Molybdenum released its first-quarter report for 2026, with operating revenue of CNY 66.403 billion, an increase of 44.34% year-on-year; the net profit attributable to shareholders of the listed company was CNY 7.76 billion, an increase of 96.65% year-on-year. Goldman Sachs stated that the company's net profit for the first quarter was CNY 7.76 billion, a year-on-year increase of 97%; the recurring net profit was CNY 8.1 billion, equivalent to 23% of the bank's full-year forecast and 25% of market consensus, slightly lower than the bank's expectations but in line with market consensus. The overall industry performance is strong, with rising copper prices.
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Wanguo Gold Group rose 3.51%. Based on recent key news:
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On April 28, Wanguo Gold Group announced through the Hong Kong Stock Exchange regarding the company's recent financial performance and future outlook, which drove the stock price up. The positive financial data and optimistic market expectations mentioned in the announcement enhanced investor confidence, leading to the rise in stock price
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On April 26, at the precious metals investment strategy meeting held by JD Wealth, the chairman of Guorun Gold pointed out that the amount of gold used for investment has surpassed that used for jewelry for the first time, indicating strong market demand for gold investment. This trend may have a positive impact on the market performance of Universal Gold Group, further driving up its stock price.
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Recently, gold prices have surpassed 1,000 yuan per gram, increasing market interest in physical gold investments, especially with a significant rise in sales of small-weight gold bars. This market trend may positively affect the business of Universal Gold Group, boosting its stock price. The demand for gold investment is rising, and the market is active.
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Minmetals Resources rose by 0.35%. Based on recent key news:
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On April 27, Minmetals Resources announced that its subsidiary MLB signed a revolving loan agreement with the Sydney branch of Bank of China, obtaining $500 million in credit financing. This move enhances the company's liquidity, supporting the rise in stock price. Source: Zhitong Finance
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On April 27, details of Minmetals Resources' revolving loan agreement were reported by several financial media outlets, further boosting market confidence in the company's financial stability. Source: Gelonghui
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On April 27, news of Minmetals Resources' credit financing was released by Economic Information Daily, with a positive market reaction driving up the stock price. Source: Economic Information Daily, enhanced liquidity, industry stability.
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Stocks ranked among the top in industry market capitalization
Liqin Resources rose by 0.99%, with a market capitalization reaching HKD 19.1 billion, and no significant news recently. Trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation

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JIAXIN INTL RES rose 10.87%; Luoyang Molybdenum rose 3.45%, with a transaction amount reaching HKD 513 million; Universal Gold Group rose 3.51%, with a transaction amount reaching HKD 190 million; Minmetals Resources rose 0.35%, with a transaction amount reaching HKD 151 million; Liqin Resources rose 0.99%, with a market value of HKD 19.1 billion

HK Stock Alerts

Hong Kong stock movement: JIAXIN INTL RES rises 10.87%, major investment projects and shareholder return plans stimulate market enthusiasm