On July 21, Jiaxin International Resources rose 5.03% in regular trading, trading at HK$47.6/share, with turnover of HK$38.70 million.

On the news front, the company announced on July 20 that its board of directors has approved a share buyback plan for the second half of the year, committing up to HK$200 million in open-market repurchases. Based on the July 17 closing price of HK$43.66, the plan could cover approximately 1.01% of total issued shares. On the same day, the company repurchased 100,000 shares on the Hong Kong Stock Exchange at prices ranging from HK$44.58 to HK$45.96 per share, spending approximately HK$4.53 million. The board stated that the buyback plan demonstrates firm confidence in the company's intrinsic value and long-term prospects, and will help optimize capital structure and enhance shareholder returns.

Additionally, the company recently issued a positive profit alert, forecasting H1 net profit attributable to shareholders of approximately HK$14.5 billion to HK$15.5 billion, turning from a loss of HK$6 million in the same period last year to profit, primarily driven by commercial mining and production of tungsten concentrate.

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