Movement Alert｜Jiaxin International Resources Falls 5.7% in Regular Trading, Sector Weakness and Sustained Profit-Taking Pressure After Rapid Rally

Market Focus06-18

On June 18, Jiaxin International Resources fell 5.7% in regular trading, trading at 66.7 HKD/share, with turnover of approximately 273 million HKD. This marks the third consecutive trading day the stock has recorded a decline exceeding 5%.

The stock had previously surged from a late-May low to a high of 93.65 HKD, driven by multiple tailwinds including tungsten price stabilization and rebound, a non-binding MOU signed with PMF to explore mineral resource development opportunities in Kazakhstan, and institutional bullishness on the tungsten sector. The substantial short-term cumulative gains have led to persistent profit-taking pressure. Meanwhile, the broader Diversified Metals and Mining sector is under collective selling pressure, with peers including CMOC down 3.35%, MMG down 2.57%, Wanguo Gold Group down 7.59%, Lygend Resources down 6.38%, and Ximei Resources down 4.97%.

Jiaxin International Resources is an investment holding company principally engaged in the exploration, development, and mining of tungsten ore, focused on the Baquta tungsten mine project in Kazakhstan.

(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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1188545938?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 11:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1188545938","market":"us","top_or_hot":-1,"title":"Movement Alert｜Jiaxin International Resources Falls 5.7% in Regular Trading, Sector Weakness and Sustained Profit-Taking Pressure After Rapid Rally","media":"Market Focus","content":"<p><p>On June 18, Jiaxin International Resources fell 5.7% in regular trading, trading at 66.7 HKD/share, with turnover of approximately 273 million HKD. This marks the third consecutive trading day the stock has recorded a decline exceeding 5%.</p><p>The stock had previously surged from a late-May low to a high of 93.65 HKD, driven by multiple tailwinds including tungsten price stabilization and rebound, a non-binding MOU signed with PMF to explore mineral resource development opportunities in Kazakhstan, and institutional bullishness on the tungsten sector. The substantial short-term cumulative gains have led to persistent profit-taking pressure. Meanwhile, the broader Diversified Metals and Mining sector is under collective selling pressure, with peers including CMOC down 3.35%, MMG down 2.57%, Wanguo Gold Group down 7.59%, Lygend Resources down 6.38%, and Ximei Resources down 4.97%.</p><p>Jiaxin International Resources is an investment holding company principally engaged in the exploration, development, and mining of tungsten ore, focused on the Baquta tungsten mine project in Kazakhstan.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Jiaxin International Resources Falls 5.7% in Regular Trading, Sector Weakness and Sustained Profit-Taking Pressure After Rapid Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Jiaxin International Resources Falls 5.7% in Regular Trading, Sector Weakness and Sustained Profit-Taking Pressure After Rapid Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-18 11:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 18, Jiaxin International Resources fell 5.7% in regular trading, trading at 66.7 HKD/share, with turnover of approximately 273 million HKD. This marks the third consecutive trading day the stock has recorded a decline exceeding 5%.</p><p>The stock had previously surged from a late-May low to a high of 93.65 HKD, driven by multiple tailwinds including tungsten price stabilization and rebound, a non-binding MOU signed with PMF to explore mineral resource development opportunities in Kazakhstan, and institutional bullishness on the tungsten sector. The substantial short-term cumulative gains have led to persistent profit-taking pressure. Meanwhile, the broader Diversified Metals and Mining sector is under collective selling pressure, with peers including CMOC down 3.35%, MMG down 2.57%, Wanguo Gold Group down 7.59%, Lygend Resources down 6.38%, and Ximei Resources down 4.97%.</p><p>Jiaxin International Resources is an investment holding company principally engaged in the exploration, development, and mining of tungsten ore, focused on the Baquta tungsten mine project in Kazakhstan.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03858","symbol_name":"佳鑫国际资源","start_time":0,"source_url":"","article_id":"1188545938","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188545938","pubTimestamp":1781752155,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 18, Jiaxin International Resources fell 5.7% in regular trading, trading at 66.7 HKD/share, with turnover of approximately 273 million HKD. This marks the third consecutive trading day the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03858":"佳鑫国际资源"},"translate_title":"运动快讯|嘉信国际资源常规交易跌5.7%板块疲弱快速反弹后获利回吐压力持续","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03858":1},"content_text":"On June 18, Jiaxin International Resources fell 5.7% in regular trading, trading at 66.7 HKD/share, with turnover of approximately 273 million HKD. This marks the third consecutive trading day the stock has recorded a decline exceeding 5%.The stock had previously surged from a late-May low to a high of 93.65 HKD, driven by multiple tailwinds including tungsten price stabilization and rebound, a non-binding MOU signed with PMF to explore mineral resource development opportunities in Kazakhstan, and institutional bullishness on the tungsten sector. The substantial short-term cumulative gains have led to persistent profit-taking pressure. Meanwhile, the broader Diversified Metals and Mining sector is under collective selling pressure, with peers including CMOC down 3.35%, MMG down 2.57%, Wanguo Gold Group down 7.59%, Lygend Resources down 6.38%, and Ximei Resources down 4.97%.Jiaxin International Resources is an investment holding company principally engaged in the exploration, development, and mining of tungsten ore, focused on the Baquta tungsten mine project in Kazakhstan.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1188545938","isCrawlerRequest":true}