HK Stock Market Move | JXR (01951) is currently down by more than 4%. Trump plans to abolish birthright citizenship. The institution said the executive order may affect company performance growth.

JXR (01951) is currently down by more than 4%, falling 4.1% to HK$2.57 as of press time, with a trading volume of HK$47.52 million. On the news front, on his first day in office on January 20, Trump signed an executive order to abolish "birthright citizenship", causing a public outcry and facing legal challenges in many parts of the United States. According to a research report released by Lyon, the company has revised downward its revenue and net profit forecasts for JXR from 2024 to 2026 by 1% to 2% to reflect the potential impact of the executive order by U.S. President Trump on the company's business growth. The bank maintains an "Outperform" rating with a target price lowered from HK$3.7 to HK$3.4 According to public information, JXR holds a leading position in the assisted reproduction markets in China and the United States. BOCOM INTL pointed out that JXR has established a comprehensive service network globally consisting of mature institutions, incubation institutions, and overseas institutions, with the number of egg retrieval cycles in mature institutions (Chengdu + Greater Bay Area) and core overseas institutions (U.S. HRC) expected to benefit from improvements in the consumption environment, rigid fertility demand, and capacity expansion, while incubation or new overseas institutions in Wuhan, Yunnan, Laos, and other places continue to increase business volume and reduce losses.