JIAXIN INTL RES (03858) saw its share price rise by 8.13% before noon, currently trading at HK$83.10, with a turnover of HK$178 million.
Recently, Zhangyuan Tungsten increased its long-term procurement price for the second half of February 2026. Additionally, according to China Tungsten Online, as of the time of writing, the price of 65% black tungsten concentrate was reported at 735,000 yuan per metric ton, up 59.8% since the beginning of the year. The price of tungsten powder was reported at 1,800 yuan per kilogram, an increase of 66.7% since the start of the year. Guojin Securities believes that high inventory levels overseas may persist, providing further support for rising prices.
Furthermore, Hang Seng Indexes Company previously announced the quarterly review results of the Hang Seng Index Series as of December 31, 2025. JIAXIN INTL RES was included in the Hang Seng Composite Index. The changes will take effect from March 9, at which point the Shanghai and Shenzhen stock exchanges will correspondingly adjust the scope of investable targets under the Stock Connect program. According to a CICC research report, JIAXIN INTL RES is likely to be added to the Southbound Stock Connect, as it meets a series of criteria including market capitalization, liquidity, and listing time.