On September 22, JIAXIN INTL RES fell 5.01% in regular trading, trading at HK$52.15, with turnover of approximately HK$69.54 million. The decline comes as the market continues to digest the recent departure of the company's top executive.

On September 15, the company announced that Liu Liqiang resigned from his positions as Chairman of the Board, Executive Director, and member of the Remuneration Committee, effective immediately, citing other business commitments. Liu had long served as a core management figure, having signed multiple key corporate filings including the August share movement report. While the company stated that the resignation would not affect normal board operations and Liu confirmed no disputes with the board, the high-level leadership vacuum appears to be sustaining downward pressure on the stock. The shares had already dropped nearly 5% on September 17 following the announcement.

Despite strong fundamentals — the company reported a dramatic turnaround in H1 with net profit of HK$1.584 billion versus a loss in the prior year, and received a UBS Buy rating with an HK$88.7 target price — the unresolved uncertainty around management succession continues to overshadow positive operational momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)