HK Stock Market Move | JL Mag Rare-Earth (06680) rose more than 4%. Rare earth prices have been rising continuously since January, with last year's profits expected to increase by 1.6 times.

Jl Mag Rare-Earth (06680) rose by more than 4%, rising by 4.29% as of the time of publication, reaching 23.8 Hong Kong dollars, with a trading volume of 203 million Hong Kong dollars. On the news front, since January, rare earth prices have continued to rise, with significant increases in prices of yttrium oxide, praseodymium oxide, and neodymium oxide, with prices of neodymium oxide and praseodymium oxide both rising by over 12,000 yuan/ton. According to data from the Baotou Rare Earth Products Exchange, as of January 28, the average price of yttrium oxide was 77,000 yuan/ton, up by 33.46% compared to the end of last year; the average price of neodymium oxide was 732,500 yuan/ton, up by 20.08% compared to the end of last year; and the average price of praseodymium oxide was 733,300 yuan/ton, up by 19.92% compared to the end of last year. Previously, Jl Mag Rare-Earth announced a profit forecast, expecting a full-year net profit attributable to shareholders of 660 million to 760 million yuan in 2025, an increase of 127% to 161% compared to the same period last year. The company stated that its product production and sales volume reached a historical high, further consolidating its leading position in the global rare earth permanent magnet industry. In 2025, the company has already delivered small batches of products in the Siasun Robot & Automation motor rotor and magnetic materials products, and in the field of low-altitude aircraft products.