JIAXIN INTL RES

Jiaxin International Resources opened sharply higher and continued to rise in the morning session, trading at HK$55.20 as of 09:32 BJT, up 5.5%, driven by the company's previously announced HK$200 million share buyback plan and its H1 net profit guidance. The company expects H1 2025 net profit of HK$1.45-1.55 billion, representing a YoY surge of approximately 384.5%; Q4 results showed operating profit up 1165.3% YoY and a net margin of 33.2%. The stock has broken above its 20-day moving average (HK$51.29) but remains 68.7% below its 52-week high of HK$176.2, with a PE of 82.4x and PB of 15.7x, indicating elevated valuation. However, only 72,000 shares changed hands across three trades, reflecting thin liquidity, and the stock previously fell over 10% in a single session due to institutional rebalancing, suggesting lingering market uncertainty.

Jiaxin International Resources opened higher in the morning session at HK$57.0 but quickly reversed, falling to HK$54.4 by 09:51 BJ time, down 5.06% from the prior close of HK$57.3. The intraday high reached HK$56.1 and low HK$54.4, with turnover of about HK$8.67 million. The decline was driven by profit-taking after recent gains fueled by a UBS buy rating and positive tungsten price outlook, alongside the company's HK$200 million buyback plan and a forecast H1 net profit of HK$1.45-1.55 billion (up ~384.5% YoY). However, institutional portfolio rebalancing signals from recent news triggered short-term selling pressure. The stock is still 69% below its 52-week high of HK$176.2, but up 11.57% YTD, and trades above its MA20 (HK$51.88), yet remains about 22% below the MA60 (HK$70.07), indicating a weak medium-term trend.

3858.HK opened high and retreated in the morning session, ultimately closing 2.7% higher at HKD 56.5, driven by UBS buy rating and tungsten price outlook, after hitting an intraday high of HKD 57.7. The company launched a HKD 200 million buyback and guided H1 net profit of HKD 1.45-1.55 billion, up 384.5% YoY, with net margin at 33.2%, though PE of 84.4x and PB of 16.1x suggest elevated valuation. The stock remains 67.9% below its 52-week high of HKD 176.2 but has gained 15.9% YTD, trading above its MA20 (HKD 51.9) yet below the MA60 (HKD 70.6), indicating short-term rebound amid a still-weak medium-term trend.

Jiaxin International Resources opened higher and rallied during the morning session, closing at HKD 57.95 for a 5.0% gain, driven by a UBS buy rating and a bullish tungsten price outlook, alongside the company's HKD 200 million share buyback program. The stock climbed steadily from a morning low of HKD 55.25 to an intraday high of HKD 57.95, a range of about 4.9%. The latest earnings show Q4 net profit surged 384.51% YoY to HKD 155.6 million with a net margin of 33.2%, yet the stock remains 67.1% below its 52-week high of HKD 176.2 and beneath the 60-day moving average of HKD 71.47, though YTD gains stand at 18.9%.

3858.HK opened higher in the morning session, with the intraday low of HKD 51.750 coinciding with the open. It surged to a daily high of HKD 54.700 before closing at HKD 54.450, representing a 6.66% gain from the previous close of HKD 51.050. The sharp rally was primarily driven by the company's announcement of a HKD 200 million share buyback program, signaling management's focus on capital efficiency. Fundamentally, Q4 net profit surged 384.51% YoY to HKD 155.6 million, with operating income jumping 1165.27% YoY and a net profit margin of 33.21%. However, the stock remains 69.1% below its 52-week high of HKD 176.2 and trades below its 60-day MA of HKD 72.041, suggesting the rebound may require sustained improvement to gain traction.