JIAXIN INTL RES (03858) stock is soaring 5.26% in intraday trading on Tuesday, following news of a significant share transfer and the release of positive interim results for 2025.

According to the Hong Kong Stock Exchange, shareholders of JIAXIN INTL RES transferred shares worth HK$584 million, representing 4.43% of the company, from China International Finance Hong Kong Securities to HSBC Hong Kong on September 1. This substantial transfer may indicate increased investor confidence in the company's prospects.

Additionally, JIAXIN INTL RES reported encouraging 2025 interim results. The company generated revenue of HK$126 million, a significant improvement from no revenue in the same period last year. The loss attributable to equity holders narrowed by 90.6% year-on-year to HK$5.996 million, with a basic loss per share of HK$1.82 cents. The company attributed this positive performance to the commencement of commercial production in April 2025, marking a crucial milestone in its operations as it began generating revenue from the sale of tungsten concentrate.