HK Stock Market Move | Jl Mag Rare-Earth (06680) rose by over 4%, prices of mainstream rare-earth products significantly increased, institutions are optimistic about the sector's valuation and performance double rising.

Rare Earth (06680) surged by over 4%, as of the report, it increased by 4.4%, closing at HK$23.26, with a turnover of HK$1.22 billion. In terms of news, according to data from the Baotou Rare Earth Products Exchange, as of February 24, the average price of neodymium oxide was 88,200 yuan/ton, an increase of 4,160 yuan/ton from before the holiday; the average price of neodymium metal was 103,670 yuan/ton, an increase of 3,170 yuan/ton from before the holiday; the average price of dysprosium oxide was 162,290 yuan/ton, an increase of 17,000 yuan/ton from before the holiday; the average price of terbium oxide was 643,800 yuan/ton, an increase of 11,800 yuan/ton from before the holiday. Sinolink research report pointed out that in December, China's rare earth permanent magnet exports decreased by 3% compared to the previous month, but increased by 7% year-on-year, with the monthly export volume reaching a historical high. The year-on-year comparison for the entire year of 2025 is expected to decrease by 1%, indicating a significant demand for overseas stockpiling. The rare earth sector will continue to evolve with a rise in valuation and performance, with 2026 being a key year for solving industry competition.