Hong Kong stock movement: JIAXIN INTL RES fell over 10%, market volatility intensified, and capital flow attracted attention

Hong Kong Stock Movement JIAXIN INTL RES, down 10.82%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks Ranked High in Industry Transaction Volume Luoyang Molybdenum Co., Ltd. down 3.83%. Based on recent key news: On April 27, Luoyang Molybdenum released its Q1 2026 report, showing a 96.65% year-on-year increase in net profit, but profits from its niobium and phosphorus business in Brazil fell short of expectations, and the copper mining business in Congo faced increased unit costs due to rising sulfur and energy prices, dragging down performance. Goldman Sachs lowered its earnings forecast and target price while maintaining a buy rating. Source: Zhitong Finance On April 27, Huatai Securities pointed out that Luoyang Molybdenum's cost control has been effective, but the US-Israel war has led to a rapid rise in sulfur prices, and it is expected that the costs of copper and phosphorus fertilizers will increase, maintaining earnings forecasts and a buy rating. Source: Huatai Securities On April 27, Citigroup raised Luoyang Molybdenum's target price for Hong Kong stocks to HKD 29.3, stating that the increase in cobalt, molybdenum, and tungsten prices, along with increased copper production, has driven performance growth, maintaining a buy rating. Source: Citigroup. The copper mining industry faces rising cost pressures. Minmetals Resources down 3.31%. Based on recent key news: On April 24, BOC International raised Minmetals Resources' target price to HKD 10.71, reiterating a "buy" rating. In Q1 2026, Minmetals Resources' copper production increased by 9% year-on-year, while gold and silver production grew by 24% and 27%, respectively, with strong growth in the Las Bambas and Rosebery mines. The significant increase in precious metal production has reduced the C1 costs of related mines. Although the strong growth momentum of precious metal production may not be sustainable throughout the year, earnings forecasts have been raised by 1%-2%. Source: Zhitong Finance On April 24, Citigroup set a target price of HKD 134 for H shares of Heng Rui Medicine and a "buy" rating, while BOC International raised the target price for ASMPT by 52%, maintaining a "buy" rating. Source: Huigang Communications On April 24, UBS lowered the target price for China State Construction International by 15%, maintaining a "buy" rating. Source: Huigang Communications. Significant growth in precious metal production, with notable industry volatility. Wanguo Gold Group down 1.10%. Based on recent news: On April 26, JD Wealth held a precious metal investment strategy meeting, where Guorun Gold Chairman Hu Jinlin stated that in 2025, domestic investment gold consumption will exceed jewelry gold consumption for the first time, with the proportion of investment gold rising to 53%, while the proportion of jewelry gold falls to 38%. After gold prices broke through HKD 1,000 per gram, consumers became more cautious about "paying for beauty," leading to changes in gold demand structure and affecting market sentiment, resulting in a decline in Wanguo Gold Group's stock price. On April 25, in terms of physical gold investment, sales of small-weight gold bars, such as those weighing 0.5 grams and 1 gram, surged, and small-weight systematic buying has become a popular gold accumulation strategy among young people Hu Jinlin reminded that there is currently no clear tax policy for physical gold recycling, and investors need to pay attention to policy trends. The market's concerns about policy uncertainty have intensified, affecting stock prices. On April 24th, the gold market showed overall weakness, with international gold prices fluctuating significantly. Investors' risk aversion increased, leading to a general decline in gold-related stocks, including the impact on the stock price of the International Gold Group. Changes in the demand structure of the gold market have led to increased risk aversion among investors. Stocks ranked among the top in industry market capitalization Liqin Resources, down 2.50%, with a market capitalization of HKD 19.4 billion, has had no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation