HK Stock Market Move | China Rare Earth Resources And Technology(00769) rose more than 6%, and will promptly promote the integration and restructuring of domestic and foreign rare earth assets.

China Rare Earth Resources And Technology (00769) rose by more than 6%, reaching 6.59% at the time of publication, with a price of 0.485 Hong Kong dollars and a trading volume of 3.7701 million Hong Kong dollars. On the news front, China Rare Earth Resources And Technology recently stated during institutional research that as the core listed platform of China Rare Earth Resources And Technology Group, it will steadfastly implement the goal of high-quality development. They will actively seize the favorable opportunity for integration and green transformation in the rare earth industry, fully leverage their advantages in rare earth industry operations and listed platforms, and timely promote the integration and restructuring of internal and external rare earth assets to make positive efforts to promote the sustainable and healthy development of the rare earth industry. In the future, if the company has arrangements such as asset injection and mergers and acquisitions that adhere to disclosure standards, the company will strictly fulfill its disclosure obligations in accordance with the relevant regulations. It is reported that the pace of merger and integration of several leading enterprises is also accelerating. Among them, China Rare Earth Resources And Technology Group has completed the comprehensive integration of medium and heavy rare earth resources. China Northern Rare Earth and Shenghe Resources Holding have also increased their investment and integration efforts in the industry chain. Some industry insiders believe that as a globally advantageous industry in China, the strategic value of rare earths is expected to further increase in the background of global geopolitical fluctuations, and the industry prosperity is expected to continue to recover. In the medium to long term, with the gradual manifestation of policy benefits, the order of the rare earth industry will be further standardized, and product market prices may return to a stable range.