HK Stock Market Move | JINXUN RESOURCE (03636) is now up over 6%. Yesterday there was a change in warehouse position. The company stated that the renaming is in line with the needs of the main business development.

JINXUN RESOURCE (03636) is now up more than 6%, as of the time of writing, it is up 5.46% to HK $38.64, with a trading volume of HK $119.348 million. On the news front, according to the latest information from the Hong Kong Stock Exchange, on February 10th, JINXUN RESOURCE shareholders deposited their stocks into Huatai Hong Kong with a market value of HK $2.08 billion, accounting for 13.04%. According to the prospectus citing Frost & Sullivan's data, as of December 31, 2024, based on production in the Democratic Republic of Congo and Zambia, JINXUN RESOURCE ranks fifth among Chinese cathode copper producers and is the only Chinese company among the top five in the two jurisdictions. It is worth noting that JINXUN RESOURCE announced a change in the company's stock abbreviation due to the company's business development needs and future strategic development goals. The company's stock abbreviation has been changed from "Jinxun Shares" to "JINXUN RESOURCE," while the stock code remains unchanged. The revised stock abbreviation is consistent with the company's name, in line with the company's main business development needs, and is beneficial for the company's daily operations and sustainable development, and will not have any adverse effects on the company.