Stock Track | JIAXIN INTL RES Soars 8.93% in Morning Session on Profit Turnaround and Strategic Tungsten Demand

Stock Track03-30

JIAXIN INTL RES's stock soared 8.93% during the morning trading session on Monday, reflecting strong investor interest in the company.

The surge follows the company's turnaround to full-year profitability, with attributable profit reaching HK$305 million on revenue of HK$1.063 billion for 2025. This marks a significant recovery from a loss in the prior year, driven by the commencement of commercial production at its core Baktaw Tungsten Mine in Kazakhstan in April 2025.

Analysts note the underlying strategic value of tungsten resources remains high, with robust demand from the military and semiconductor sectors. Tungsten alloy is a critical material for armor-piercing projectiles and heat-resistant components in hypersonic missiles, suggesting potential for increased military demand amid ongoing global tensions.

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