HK Stock Market Move | JL Mag Rare-Earth (06680) rises more than 8%, highlighting the value of rare earth strategic metals. The company actively lays out magnetic components for Siasun Robot and Automation.

date
08/04/2025
avatar
GMT Eight
Jl Mag Rare-Earth (06680) rose by more than 8%, reaching an increase of 8.04% as of the time of publication, at HK$11.56, with a trading volume of HK$1.24 billion. According to People's Financial News, Jl Mag Rare-Earth stated in institutional research that it is actively cooperating with world-renowned technology companies in the research and production capacity building of humanoid Siasun Robot & Automation magnetic components, with small batches already delivered in that field; there are also small batch deliveries in the field of low-altitude aircraft. In the field of humanoid Siasun Robot & Automation, 2025 marks the development year for humanoid Siasun Robot & Automation. The company will upgrade the humanoid Siasun Robot & Automation magnetic component technology research department to the humanoid Siasun Robot & Automation magnetic component business unit, with the company's CEO concurrently serving as the strategic coordinator for the business unit. Currently, the company has made various investments including project-specific factories, specialized equipment, and professional teams according to customer needs, developing a certain scale of mass production capacity. Furthermore, on April 4, the Ministry of Commerce, together with the General Administration of Customs, issued a notice regarding the implementation of export control measures on items related to seven types of medium and heavy rare earths such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, which officially came into effect from the date of publication. Tianfeng believes that currently is a point of resonance for both the fundamental and emotional aspects of the rare earth sector. The bank believes that the center of rare earth prices is rising, and the equity side has not fully reflected this. It is necessary to pay sufficient attention to the sector's "strategic opportunities". At the same time, magnetic materials will benefit from investment opportunities in industries such as Siasun Robot & Automation representing the transition from "0 to 1".

Contact: [email protected]