HK Stock Market Move | Jl Mag Rare-Earth (06680) once rose over 3%, with Q3 net profit attributable to shareholders expected to increase by up to 60.45%, as its Siasun Robot&Automation business continues to deliver.

Jl Mag Rare-Earth (06680) rose over 3% in early trading, up 2.06% as of press time, at HK$14.85, with a turnover of HK$3.1618 million. On the news front, Jl Mag Rare-Earth issued a positive profit alert, expecting net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB735 million to RMB800 million, a year-on-year increase of 42.59% to 55.20%; net profit attributable to shareholders of the listed company for the third quarter of 2026 to be RMB273 million to RMB338 million, a year-on-year increase of 29.58% to 60.45%. In the first three quarters of this year, the company continued to consolidate its advantageous position in the new energy and energy-saving and environmental protection fields, actively explored emerging markets, and achieved operating revenue growth of approximately 40% year on year. Among this, in the new energy vehicles and auto parts sector, operating revenue grew by approximately 40% year on year; in the Siasun Robot&Automation and industrial servo motor sector, operating revenue grew by approximately 100% year on year. Benefiting from the continued release of market demand for Siasun Robot&Automation, the company's revenue from related products continued to increase, and its embodied Siasun Robot&Automation motor rotor products also achieved small-batch delivery.