Movement Alert｜JIAXIN INTL RES Falls 5.34% in Regular Trading, Chairman Resignation Compounds Broad Metals Sector Weakness

Market Focus09-17

On September 17, JIAXIN INTL RES fell 5.34% in regular trading, trading at 52.55 HKD/share, with turnover of approximately 35.88 million HKD.

On the news front, the company announced on September 15 that Chairman, Executive Director, and Remuneration Committee member Liu Liqiang resigned from all positions with immediate effect, citing other business commitments. Liu confirmed no claims against the company, no disagreements with the board, and no matters requiring shareholder attention. Following the departure, only two executive directors — Xie Wenbo and Qiu Huaizhi — remain on the board, with the core management shakeup weighing on near-term market confidence.

Adding to the pressure, the Diversified Metals and Mining sector saw broad-based selling. Among sector peers, ZIJIN MINING fell 2.91%, WANGUO GOLD GP fell 5.82%, CMOC fell 3.45%, MMG fell 3.30%, and LYGEND RESOURCE fell 3.21%, amplifying the stock-specific decline.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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