On May 27, Jiaxin International Resources rose 5.91% in regular trading, reaching HK$81.6 per share, with trading volume of approximately HK$60.50 million.

On the news front, the company previously entered into a non-binding memorandum of understanding with Pangea Mining Fund (PMF), targeting the Karaganda region of Kazakhstan as the primary area for joint mineral resource development. The cooperation covers large and medium-sized porphyry copper-gold deposits, polymetallic copper-zinc-lead-gold-silver deposits, and tungsten-molybdenum mines. Under the arrangement, PMF is responsible for identifying and screening targets, while the company selectively acquires assets to incorporate into its listed company portfolio.

The MOU was initially disclosed on May 22, when shares rose approximately 5.97%. The sustained upward momentum into this week suggests the market continues to price in strategic expectations for the company's Central Asian mining expansion, representing a meaningful extension of its existing tungsten mining operations into a broader multi-metal resource portfolio.

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