Group 1 - The praseodymium-neodymium market is experiencing increased activity due to tight supply expectations and proactive inventory replenishment by major magnetic material manufacturers, leading to a significant price increase for praseodymium-neodymium products [3] - On February 9, the average price of praseodymium oxide rose to 805,000 yuan per ton, while the average price of praseodymium metal reached 980,000 yuan per ton [3] - Guotou Securities predicts that supply constraints from the whitelist and quota indicators will continue into 2026, with stable growth in both domestic and international demand, potentially initiating a new inventory replenishment cycle and supporting an increase in rare earth prices [3] Group 2 - The trading price of rare earth concentrates from Baotou Steel and Northern Rare Earth increased by 2.4% quarter-on-quarter, contributing to the upward shift in rare earth price levels [4]

Core Viewpoint - The stock of Jinli Permanent Magnet (金力永磁) has risen over 7%, driven by tight supply expectations and increased purchasing activity from major magnetic material manufacturers, leading to a bullish sentiment in the market for praseodymium and neodymium [1] Group 1: Market Dynamics - The market for praseodymium and neodymium has seen a significant increase in inquiry activity, contrasting with the typical low transaction volume seen at the end of the year [1] - On February 9, the average price of praseodymium oxide rose to 805,000 yuan per ton, while the average price of praseodymium metal reached 980,000 yuan per ton [1] Group 2: Supply and Demand Factors - Guotou Securities forecasts that supply will be rigidly constrained by whitelist and quota indicators in 2026, with stable growth in both domestic and international demand, potentially initiating a new round of inventory replenishment [1] - Huayuan Securities notes that tight supply conditions and policy support are sustaining the current market, with ongoing shortages in the spot supply of praseodymium oxide and low willingness from upstream holders to sell at lower prices [1] Group 3: Price Trends - Downstream magnetic material companies have shifted from just-in-time purchasing to stockpiling, indicating a change in demand dynamics [1] - Baotou Steel (包钢股份) and Northern Rare Earth (北方稀土) reported a 2.4% quarter-on-quarter increase in the trading price of rare earth concentrates, supporting the upward movement of rare earth price levels [1]

Core Viewpoint - The stock of Jinli Permanent Magnet (06680) has risen over 7%, driven by tight supply expectations and increased purchasing activity in the rare earth market, particularly for praseodymium and neodymium products [1] Group 1: Market Dynamics - A separation plant's year-long shutdown has led to sustained tight supply expectations in the rare earth market [1] - Major magnetic material manufacturers are actively restocking, contributing to heightened market activity and a shift from typical year-end quietness [1] - On February 9, prices for praseodymium and neodymium products saw significant increases, with praseodymium oxide averaging 805,000 yuan/ton and praseodymium metal averaging 980,000 yuan/ton [1] Group 2: Supply and Demand Outlook - Guotou Securities anticipates that rigid constraints from whitelist and quota indicators will affect supply in 2026, with stable growth in both domestic and international demand expected [1] - A new round of restocking may begin, with optimism for rising rare earth prices in 2026 [1] - Huayuan Securities notes that tight supply and policy support are sustaining the current market, with ongoing shortages in praseodymium oxide supply and low willingness from upstream holders to sell at lower prices [1] Group 3: Price Trends - Downstream magnetic material companies are shifting from essential purchasing to stockpiling, indicating a change in demand behavior [1] - Baogang Group and Northern Rare Earth reported a 2.4% quarter-on-quarter increase in rare earth concentrate transaction prices, supporting the upward movement of rare earth price levels [1]

香港联交所最新资料显示，2月3日，摩根大通增持金力永磁（06680）138.2047万股，每股作价21.151港 元，总金额约为2923.17万港元。增持后最新持股数目约为1743.1万股，最新持股比例为7.42%。 香港联交所最新资料显示，2月3日，摩根大通增持金力永磁（06680）138.2047万股，每股作价21.151港 元，总金额约为2923.17万港元。增持后最新持股数目约为1743.1万股，最新持股比例为7.42%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

香港联交所最新资料显示，2月3日，摩根大通增持金力永磁（300748）(06680)138.2047万股，每股作价 21.151港元，总金额约为2923.17万港元。增持后最新持股数目约为1743.1万股，最新持股比例为 7.42%。 ...

Group 1 - Morgan Stanley increased its stake in Jinli Permanent Magnet (06680) by 1,382,047 shares at a price of HKD 21.151 per share, totaling approximately HKD 29.23 million [1] - After the increase, the total number of shares held by Morgan Stanley is approximately 17,431,000, representing a holding percentage of 7.42% [1]

| 表格序號 | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 費出或涉及的股每股的平均價 | | | | 持有權益的股份數目 佔已發行的 有關事件的日 | | | --- | --- | --- | --- | --- | --- | --- | | | | 景区 | 份致目 | | (請參閱上述 * 註解) 有投票權股 (日 / 月 / 年 (觉自分成 | | | | | | | | ( % ) | | | CS20260206E00371 | JPMorgan Chase & Co. 1101(L) 1,382,047(L) | | | HKD 21.1510 | 17.430.951(L) | 7.42(L)03/02/2026 | | | | | | | 13.789.549(S) | 5.87 (S) | | | | | | | 3 689 270/P) | 157(P) | 格隆汇2月6日丨根据联交所最新权益披露资料显示，2026年2月3日，金力永磁(06680.HK)获JPMorgan Chase & Co.以每股均价21.151港元增持好仓138.20万 股，涉资约2923.2万港元 ...

Group 1 - Allianz SE reduced its stake in Jinli Permanent Magnet (06680) by 1.3334 million shares at a price of HKD 22.0347 per share, totaling approximately HKD 29.3811 million [2][4] - After the reduction, Allianz SE's remaining shareholding is 13.3304 million shares, representing a new ownership percentage of 5.68% [2][4]

Group 1 - Allianz SE reduced its stake in Jinli Permanent Magnet (06680.HK) by selling 1.3334 million shares at an average price of HKD 22.0347 per share, amounting to approximately HKD 29.381 million [1] - Following the sale, Allianz SE's total shareholding decreased to 13.3304 million shares, resulting in a reduction of its ownership percentage from 6.25% to 5.68% [1][2]

Group 1 - Allianz SE reduced its stake in Jinli Permanent Magnet (300748) by 1.3334 million shares at a price of HKD 22.0347 per share, totaling approximately HKD 29.3811 million [1] - After the reduction, Allianz SE's latest shareholding stands at 13.3304 million shares, representing a holding percentage of 5.68% [1]