Hong Kong stock movement: MONGOL MINING fell 17.31%, concerns over strategic mineral deposit profit sharing triggered market worries, and policy uncertainty intensified the investor confidence crisis

Hong Kong Stock Movement Mongolian Mining fell 17.31%. Based on recent key news: On February 11, the Mongolian government signed a memorandum of understanding with private entities regarding the sharing of benefits from strategic mineral deposits. The memorandum is not legally binding but outlines that the government will enjoy 60% of the cumulative economic benefits from strategic deposits, raising market concerns and leading to a decline in stock prices. Source: Economic Information Daily On February 3, the Indonesian government announced a significant production cut plan and suspended spot coal exports, driving up coal prices. This news has put pressure on coal stocks like Mongolian Mining, causing stock price fluctuations. Source: Zhitong Finance On February 12, technical signals indicated strong buying, but market uncertainty regarding Mongolian policies still raises doubts, affecting investor confidence. Source: TipRanks Coal industry policy changes impact stock price fluctuations. Stocks with High Trading Volume in the Industry Tiangong International rose 5.87%. Based on recent news, On February 13, CICC released a research report stating that Tiangong International's high-end materials will continue to increase in volume, driving the company’s transformation into a high-end new materials supplier, and raised the target price by 76% to HKD 5.29. This news boosted market confidence, driving up stock prices. On February 13, Tiangong International welcomed senior executives from the UK’s Bodick Company for a visit, where both parties engaged in in-depth discussions on future strategic cooperation. This collaboration is expected to achieve a win-win in the fields of powder metallurgy and heat treatment, further enhancing the company's competitiveness in high-end manufacturing. On February 13, CICC raised Tiangong International's revenue and net profit forecasts for 2025 and 2026 by 2.8% and 3.5%, respectively, and introduced revenue and net profit forecasts for 2027. This move further strengthened investors' confidence in the company's future performance. Demand for high-end materials is rebounding, and the industry outlook is broad. Shougang Resources fell 2.68%, with a trading volume of HKD 17.23 million, and there has been 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. China Rare Earth Holdings fell 6.86%. Based on recent news, On February 12, China Rare Earth Holdings announced that it would be included in the MSCI China Small Cap Index. This news represents the capital market's recognition of the company's value and performance, and it is expected to enhance the company's influence and increase the liquidity of its shares. However, the market reaction was not as expected, leading to a 6.86% drop in stock prices. Source: Zhitong Finance On February 11, Morgan Stanley Capital International announced the results of the index review, stating that China Rare Earth Holdings will officially be included in the MSCI China Small Cap Index after the market closes on February 27. Although this move is generally seen as positive news, investors may be concerned about short-term market volatility, leading to a decline in stock prices. Source: Caihua News On February 11, the market reacted lukewarmly to the news of China Rare Earth Holdings' inclusion in the MSCI China Small Cap Index. Despite expectations that this move would enhance the company's influence and trading liquidity, stock prices still experienced a significant decline. Source: Public Technologies The market remains cautious about short-term volatility Stocks Ranked Among the Top by Market Capitalization in the Industry Maanshan Iron & Steel Company, down 2.64%, with a market capitalization of HKD 19.9 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