On June 4, Jiaxin International Resources declined 5.12% in regular trading, trading at HK$87.35/share, with trading volume of HK$189 million.

On the news front, the Diversified Metals & Mining sector came under broad-based selling pressure, with multiple peers posting significant losses. The stock had previously rallied sharply from a low of approximately HK$76.6 on May 28 to HK$93.65, driven by tungsten price stabilization signals and optimism around the US accelerating its efforts to rebuild domestic tungsten supply chains. This rapid accumulation of gains created substantial short-term profit-taking pressure.

Within the sector, CMOC fell 5.8%, Lygend Resource dropped 6.05%, Ximei Resources declined 10.08%, MMG lost 4.4%, and Wanguo Gold Group slid 3.06%, reflecting widespread risk-off sentiment across mining stocks.

Jiaxin International Resources is an investment holding company principally engaged in the exploration, development, and mining of tungsten ore, with all revenue contributed by scheelite concentrate produced at its Bakyuta project in Kazakhstan.

(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.)