HK Stock Market Move | JL Mag Rare-Earth (06680) rises by over 5%, strategic value of rare-earth sector highlighted, company's net profit in the first three quarters expected to increase by over 157%

Jl Mag Rare-Earth (06680) once surged by over 5%, as of the time of writing, it has increased by 4.87% to 26.72 Hong Kong dollars, with a turnover of 2.64 billion Hong Kong dollars. On the news front, the recent trade tensions continue to disrupt the market. Earlier, the Ministry of Commerce issued four documents to strengthen the export control of rare earths, adding control over 5 categories of medium-heavy rare earth exports and expanding control over the export of equipment, technology, raw materials along the entire industry chain, as well as regulating overseas military and high-end semiconductor demand. Shenwan Hongyuan Group believes that the Ministry of Commerce's release of a series of new regulations on rare earth export control further strengthens the export control of rare earths. In the context of China-US competition, the competition for pricing power will become more important, and the strategic value of the rare earth sector will be highlighted, with the sector's valuation having upside potential. It is suggested to pay attention to leading targets with resource integration capabilities and growth resilience. In addition, Jl Mag Rare-Earth recently announced profit growth forecasts. The group expects a net profit attributable to shareholders of the listed company of 5.05 billion to 5.5 billion yuan for the first three quarters of 2025 (January-September 2025), an increase of 157%-179% year-on-year; and a net profit attributable to shareholders of the listed company of 2 billion to 2.45 billion yuan for the third quarter, an increase of 159-217% year-on-year.