On June 29, Jiaxin International Resources fell 5.2% in regular trading, trading at HK$58.35/share, with turnover of approximately HK$69.42 million.

The stock surged over 21% on June 22, driven by the implementation of the Mineral Resources Law Implementation Regulations that placed 36 minerals including tungsten under strategic control, PCB capacity expansion boosting tungsten rod demand, and institutions turning bullish on the tungsten price center. Since that rally, the stock has recorded consecutive trading sessions with declines exceeding 5%, as short-term profit-taking continues and selling pressure has not yet been fully absorbed.

Within the Diversified Metals and Mining sector, individual stocks showed mixed performance. LYGEND RESOURCE rose 7.41%, XIMEI RESOURCES gained 1.85%, and WANGUO GOLD GP advanced 3.27%, while CMOC fell 0.99% and MMG declined 1.03%. Jiaxin International Resources notably underperformed the broader sector, reflecting more pronounced stock-specific selling pressure.

(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.)