HK Stock Market Move | Goldwind Science & Technology (02208) bucked the trend and rose by over 6% recently, reducing its holding of Jl Mag Rare-Earth shares by approximately 29.60 million shares, realizing a total of about 762 million yuan.

Goldwind Science & Technology (02208) rose more than 6% against the market, as of the time of writing, up 6.16% to HK$15.85, with a turnover of HK$227 million. On the news front, on October 10, Goldwind Science & Technology announced that, due to Jl Mag Rare-Earth implementing its profit distribution plan for the fiscal years 2020 and 2022 in May 2021 and July 2023, by capitalizing reserves to increase share capital, as of December 26, 2024, before this transaction, Goldwind Investment held 67,036,352 shares of Jl Mag Rare-Earth. From December 26, 2024, to December 30, 2024, Goldwind Investment collectively reduced its stake in Jl Mag Rare-Earth by 708,100 shares through centralized bidding. From April 7, 2025, to October 9, 2025, Goldwind Investment collectively reduced its stake in Jl Mag Rare-Earth by 28,892,638 shares through centralized bidding and block trades. Goldwind Investment has cumulatively reduced its stake in Jl Mag Rare-Earth by 29,600,738 shares, with a transaction amount of approximately HK$762 million. As of October 9, 2025, Goldwind Investment holds 37,435,614 shares of Jl Mag Rare-Earth, representing 2.74% of the total shares. As of October 9, 2025, Goldwind Investment has cumulatively reduced its stake in Jl Mag Rare-Earth by 28,892,638 shares for the fiscal year 2025. The company preliminarily estimates that it can obtain investment income of approximately HK$193 million (before tax), which will have a positive impact on the company's performance in 2025.