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Trending Industry Today: JLMAG Leads Gains In Rare Earth Metals Stocks
Hang Seng Index fell 0.13% in the morning session, with obvious structural market trends.
Boyaa Interactive (00434) rose by more than 10%, bitcoin price surpassed $0.095 million, company's holding positions floating profit has exceeded $0.1 billion.
Hong Kong stocks unusual movement | jl mag rare-earth (06680) surged more than 8%, new resource fee in Myanmar may lift the center of rare-earth prices.
Jl mag rare-earth (06680) surged by over 8%, as of the time of publication, it increased by 7.34%, closing at 8.63 Hong Kong dollars, with a turnover of 56.9642 million Hong Kong dollars.
Hong Kong stock market changes | jl mag rare-earth (06680) falls by over 4% again, Myanmar's rare earth mining area may resume production this week, downstream demand for rare earth still remains weak.
jl mag rare-earth (06680) has been pulling back for two consecutive days, falling over 4% again in the afternoon. As of the press time, it has dropped by 4.08%, closing at 8.23 Hong Kong dollars, with a turnover of 35.7528 million Hong Kong dollars.
Hong Kong stocks fluctuated | Non-ferrous stocks collectively under pressure, jl mag rare-earth (06680) fell nearly 8% in the afternoon as the strong dollar continued to exert pressure on non-ferrous metals.
The colored stocks are collectively under pressure. As of the time of publication, jl mag rare-earth (06680) is down 7.3%, trading at 8.76 Hong Kong dollars; ganfenglithium (01776) is down 7.16%, trading at 24 Hong Kong dollars; lingbao gold (03330) is down 4.92%, trading at 2.9 Hong Kong dollars.
Rare earth metal concept stocks weakened, jl mag rare-earth (06680) fell by 6.77%, it is rumored that Myanmar's rare earth mines may resume production as soon as this week.
Gold News | Rare earth metal concept stocks are weakening. As of the time of publication, jl mag rare-earth (06680) is down 6.77%, and china rareearth (00769) is down 2.13%. In terms of news, there has been new progress regarding the shutdown of the rare earth mines in Myanmar. Currently, a ceasefire has been established in the Myanmar rare earth mines, entering into negotiations. The Myanmar rare earth mines are expected to resume production as early as this week, but full production may have to wait until a complete ceasefire. In addition, industry insiders claim: "Even if the Myanmar rare earth mines continue to be shut down, the impact is not significant; domestic ion ore inventory is sufficient, and currently, the prices of medium and heavy rare earths are relatively stable."
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