Jinli Permanent Magnet (06680) rose 4.5 percent in late tradingpaigowtiles.87%paigowtiles, now reported 6paigowtiles.68 HKDpaigowtiles, the turnover was HK$6.3423 million.

Guojin Securities pointed out that due to the approaching May Day holiday, it is expected to start a small peak in pre-holiday stocking, and prices are expected to operate strongly next week. In addition, considering the continued implementation of policy support, rare earth magnetic materials may be expected to continue to benefit from manufacturing upgrades and renovations. As prices are still low, the reduction in supply from recycling and monazite production companies is expected to continue, and imports will also weaken as scheduled; in the medium and long term, considering the slowdown in domestic quota growth, the rare earth price center is expected to gradually rise.