On June 25, Jiaxin International Resources fell 5.19% in regular trading, trading at HK$66.3/share, with turnover of HK$39.11 million.

On the news front, the diversified metals and mining sector came under heavy selling pressure, with multiple sector constituents recording sharp declines. The stock had surged over 21% on June 22 following the implementation of the Mineral Resources Law Implementation Regulations — which designated tungsten among 36 strategic minerals subject to tighter extraction quotas and export controls — as well as PCB expansion driving tungsten rod demand and institutional upgrades on tungsten price outlook. Since that rally, the stock has recorded over 5% declines for three consecutive trading days as short-term profit-taking intensified and concentrated selling pressure continued to be released.

Within the Diversified Metals and Mining sector, the overall sector was broadly weaker. Among individual stocks, CMOC down 6.21%, MMG down 6.95%, Wanguo Gold Group down 9.16%, Lygend Resources down 7.07%, Ximei Resources up 3.98%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)