Hong Kong stock movement: JIAXIN INTL RES fell 10.46%, market sentiment is sluggish, and increased volatility has attracted attention

Hong Kong Stock Movement JIAXIN INTL RES fell 10.46%, with no significant news recently. The trading is active, and the 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 fell 3.31%. Based on recent key news: On May 12, Morgan Stanley reduced its holdings in Luoyang Molybdenum by 2,139,122 shares at a price of HKD 19.6447, totaling approximately HKD 42.0224 million, leading to weakened market confidence in the stock and downward pressure on the share price. Source: Zhitong Finance On May 13, Citigroup released a research report indicating that, apart from lithium stocks, other mining stocks underperformed compared to commodities, with the market discounting risks of slowing demand from China, and Luoyang Molybdenum was listed as one of the preferred stocks. Source: Zhitong Finance On May 13, Luoyang Molybdenum clarified that copper and gold will be the core pillars of future development, with a strategic transformation aimed at enhancing the company's resource value and cyclical resilience. Despite tensions in the Middle East, copper prices are rising, and the company is expected to benefit. Source: Zhitong Finance Minmetals Resources fell 2.54%. Based on recent key news: On May 11, Minmetals Resources recorded a large cross-trade with a transaction amount of HKD 26.4 million, and the stock price remained stable. This transaction shows continued market attention to the stock, despite no significant price changes. Source: Economic Information Daily On May 13, Citigroup released a research report stating that mining stocks underperformed compared to commodities, with the market discounting risks of slowing demand from China. Citigroup believes that Minmetals Resources will catch up with commodity price trends. Source: Zhitong Finance On May 12, a Citigroup analyst report indicated that mining stocks lagged behind commodities, and Minmetals Resources was listed as one of the preferred stocks, expected to outperform. Source: Citigroup Research Wanguo Gold Group fell 3.81%, with a transaction volume reaching HKD 260 million, and no significant news recently. The trading is active, and the 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 Market Capitalization Liqin Resources fell 7.07%. There is no significant news recently; the trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. no_news