Stock Track | Jiaxin International Resources Soars 5.03% Intraday on CICC Target Price Hike and Share Buyback Plan

Stock Track

04/29

Jiaxin International Resources' stock soared 5.03% intraday on Wednesday, marking a significant positive movement.

The surge is attributed to a research report from CICC that maintained an Outperform rating on the company and significantly raised its target price by 67% to 158.3 HKD. The broker expressed optimism regarding the expansion of the Bakuta tungsten mine and the growth potential in Central Asian non-ferrous resource development.

Further supporting market sentiment, the company announced a proposal to authorize share buybacks of up to 10% of its issued shares, approximately 45.57 million shares.

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The broker expressed optimism regarding the expansion of the Bakuta tungsten mine and the growth potential in Central Asian non-ferrous resource development.</p><p>Further supporting market sentiment, the company announced a proposal to authorize share buybacks of up to 10% of its issued shares, approximately 45.57 million shares.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03858","symbol_name":"佳鑫國際資源","start_time":0,"source_url":"","article_id":"1181881937","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181881937","pubTimestamp":1777431117,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Jiaxin International Resources' stock soared 5.03% intraday on Wednesday, marking a significant positive movement.The surge is attributed to a research report from CICC that maintained an Outperform...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03858":"佳鑫国际资源"},"translate_title":"股票赛道|嘉信国际资源盘中大涨5.03%中金目标价上调及股份回购计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03858":1},"content_text":"Jiaxin International Resources' stock soared 5.03% intraday on Wednesday, marking a significant positive movement.The surge is attributed to a research report from CICC that maintained an Outperform rating on the company and significantly raised its target price by 67% to 158.3 HKD. 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