On September 2, JIAXIN INTL RES fell 5.07% in regular trading, trading at HK$54.3/share, with turnover of HK$31.49 million. The stock has been retreating steadily since publishing its interim results on August 24, reflecting a classic sell-the-news pattern as investors lock in gains.

On the fundamentals side, the company reported H1 revenue of HK$2.703 billion, surging 2,039.9% year-over-year, with net profit attributable to shareholders of HK$1.538 billion, marking a strong turnaround from a prior-year loss. The company also declared an interim dividend of HK$1.87 per share, payable on November 11. Despite the robust earnings, the market has been unwinding positions accumulated ahead of the results release, with selling pressure intensifying in recent sessions.

Within the Diversified Metals and Mining sector, the broader group traded sharply lower. Among individual stocks, ZIJIN MINING down 3.73%, WANGUO GOLD GP down 7.26%, CMOC down 4.45%, MMG down 4.39%, LYGEND RESOURCE down 4.48%. The sector-wide downdraft amplified the stock-specific correction, as tungsten prices continue to oscillate in a narrow range with muted trading activity weighing on sentiment.

(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.)