China Railway (00390) rose over 5% against the broader market trend. At the time of writing, the stock was up 5.36% to HK$4.72, with a turnover of HK$128 million. The increase follows a recent research report from China Securities. The report highlighted that Zhongjin (Xing'an League) Mining Co., Ltd., in which China Railway holds a stake, successfully acquired the exploration rights for Zone 1 of the Fuxingtun silver-lead-zinc polymetallic mine for 7.87 billion yuan. The mine has proven reserves of 26.292 million tons of silver ore, containing 5,105 tons of silver metal with a grade of 194.2 grams per ton. It also contains associated zinc metal reserves of 235,700 tons and lead metal reserves of 135,200 tons. Preliminary estimates suggest the acquisition will generate an additional 1.07 billion yuan in annual investment income, accounting for 35.6% of the attributable net profit of China Railway's resources segment in 2024. The company's mineral resources segment currently operates five mines and has the Munkhar Khaan lead-zinc mine in Mongolia under construction. This newly acquired mining right is expected to contribute significantly to the profit growth of the resources business.