A-share rare earth permanent magnet concept stocks opened strong, with Northern Rare Earth rising more than 7%, followed by Longci Technology, Jiuling Technology, Dadixiong, Guangsheng Nonferrous Metals and other stocks. Northern Rare Earth recently announced its semi-annual report, and it is expected that net profit in the first half of the year will increase by 1883% year-on-year to 2015%. The rare earth industry's semi-annual performance is expected to be boosted by the "export rush".
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