Group 1 - The core viewpoint of the article highlights that Jiexin International Resources (03858) has seen a significant increase in stock price, rising over 6% to 30.2 HKD, with a trading volume of 90.225 million HKD [1] - The tungsten market is experiencing a notable decrease in transaction volume due to high prices, which are slowly being transmitted to downstream industries, particularly affecting the hard alloy sector [1] - SMM indicates that the supply-demand mismatch in the tungsten market remains unresolved, suggesting that a significant price correction is unlikely, with a prevailing trend of strong fluctuations expected [1] Group 2 - Jiexin International is focused on tungsten mining in Kazakhstan, specifically developing the Bakuta tungsten mine, which is currently in production [1] - According to招商证券, the core asset of the company is the Bakuta tungsten mine, which is expected to see production increases in the future, benefiting from rising tungsten prices and potentially leading to rapid profit growth [1]

Group 1 - The core viewpoint of the article highlights that Jaxin International Resources (03858) has seen a significant increase in stock price, rising over 6% to 30.2 HKD, with a trading volume of 90.225 million HKD [1] - The tungsten market is experiencing a notable decrease in transaction volume due to high prices, which are affecting downstream industries, particularly the hard alloy sector, leading to reduced operational activity [1] - Despite the current market challenges, SMM believes that the supply-demand mismatch in the tungsten market remains unresolved, indicating that a significant price correction is unlikely, with expectations of continued strong fluctuations [1] Group 2 - Jaxin International is focused on developing the Bakuta tungsten mine in Kazakhstan, which is currently in production [1] - According to招商证券, the core asset of the company is the Bakuta tungsten mine, which is expected to see production increases in the future, benefiting from rising tungsten prices [1] - The company's profits are anticipated to grow rapidly as a result of the upward trend in tungsten prices [1]

Group 1 - The core point of the article highlights the recent transfer of shares of International Resources (01051) from Interactive Brokers to HSBC, with a market value of HKD 248 million, representing 5.02% of the total shares [1] - International Resources reported a mid-year revenue of USD 13.943 million for 2025, reflecting a year-on-year decline of 23.2% [1] - The company's profit attributable to owners reached USD 5.928 million, showing a significant year-on-year increase of 46.9% [1] - The basic earnings per share for the company stood at 13.15 cents [1]

Group 1 - The core viewpoint of the article highlights the recent stock transfer of International Resources (01051) from Interactive Brokers to HSBC, with a market value of HKD 248 million, representing 5.02% of the total shares [1] - International Resources reported a mid-year revenue of USD 13.943 million for 2025, reflecting a year-on-year decline of 23.2% [1] - The company’s profit attributable to shareholders reached USD 5.928 million, showing a significant year-on-year increase of 46.9%, with basic earnings per share at 13.15 cents [1]

Core Viewpoint - The stock of Jiajin International Resources (03858) has risen over 5%, currently trading at HKD 31.98, driven by significant increases in tungsten prices and positive market sentiment [1] Company Summary - Jiajin International Resources is focused on tungsten ore resource development in Kazakhstan, with its core asset being the Bakuta tungsten mine, which has already commenced production [1] - As of the first half of this year, the Bakuta tungsten mine has a resource volume of 107.5 million tons of tungsten ore, with a grade of 0.211%, containing 22.7 thousand tons of WO [1] - The mine's reserves are reported at 68.4 million tons of tungsten ore, with a grade of 0.206%, containing 14.08 thousand tons of WO [1] - According to招商证券, the company is expected to benefit from rising tungsten prices, leading to a rapid increase in profits [1] Industry Summary - Recent reports indicate that tungsten prices have doubled this year, with significant increases in the prices of tungsten concentrate, tungsten powder, and tungsten carbide powder [1] - On Monday, tungsten prices continued to rise, although there are signs of increased resistance in the market, leading to a stalemate situation [1] - The price of 65% black tungsten concentrate is reported at 288,000 CNY per standard ton, reflecting a 101.4% increase since the beginning of the year [1]

消息面上，据中钨在线消息，江西行业机构与大型钨企的报价已相继公布，显著的涨幅为摇摆不定的市 场情绪注入强心剂，周一钨价继续探高，钨精矿、钨粉与碳化钨粉价格年内均已实现翻番。此外，周二 钨价持续爬坡，但阻力明显加大，有价无市僵局愈烈。钨原料持货商心态仍旧坚挺，虽出货意愿有增， 但报价鲜有松动迹象。其中，65%黑钨精矿价格报28.8万元/标吨，较年初涨101.4%。 据悉，公司扎根哈萨克斯坦，专注钨矿资源开发。截至今年上半年，巴库塔钨矿拥有资源量107.5百万 吨钨矿石，品位0.211%，含22.7万吨 WO₃，储量为68.4百万吨钨矿石，品位0.206%，含14.08万吨 WO₃。招商证券指出，公司核心资产为巴库塔钨矿，目前已投产，未来仍有增产预期，受益钨价上 行， 公司利润有望高速增长。 智通财经APP获悉，佳鑫国际资源(03858)涨超5%，截至发稿，涨5.61%，报31.98港元，成交额1778.96 万港元。 ...

Core Viewpoint - The stock price of Jaxin International Resources (03858) has increased by over 9%, currently trading at 32.8 HKD, driven by rising tungsten prices and strong performance expectations from its core asset, the Bakuta tungsten mine [1] Company Summary - Jaxin International Resources focuses on tungsten resource development in Kazakhstan, with the Bakuta tungsten mine being its core asset [1] - As of the first half of this year, the Bakuta tungsten mine has a resource volume of 107.5 million tons of tungsten ore, with a grade of 0.211%, containing 22.7 thousand tons of WO₃ [1] - The mine's reserves are reported at 68.4 million tons of tungsten ore, with a grade of 0.206%, containing 14.08 thousand tons of WO₃ [1] Industry Summary - Tungsten prices have significantly increased, with major tungsten product prices doubling compared to the average price in 2024 [1] - As of September 3, the price of 65% black tungsten concentrate reached 278,000 CNY per standard ton, reflecting a 94.4% increase since the beginning of the year [1] - The rising tungsten prices are expected to lead to substantial profit growth for companies like Jaxin International Resources, which are positioned to benefit from this upward trend [1]

Group 1 - The core viewpoint of the article highlights the significant increase in tungsten prices, with major tungsten product prices doubling compared to the average price in 2024 [1] - As of September 3, the price of 65% black tungsten concentrate reached 278,000 CNY per standard ton, marking a 94.4% increase since the beginning of the year [1] - The company, Jiexin International Resources, is focused on tungsten resource development in Kazakhstan, with its Bakuta tungsten mine having a resource volume of 107.5 million tons of tungsten ore and a grade of 0.211% [1] Group 2 - The Bakuta tungsten mine has a reserve of 68.4 million tons of tungsten ore with a grade of 0.206%, containing 140,800 tons of WO [1] - According to招商证券, the company's core asset, the Bakuta tungsten mine, is already in production, and there are expectations for future production increases [1] - The company is expected to benefit from rising tungsten prices, leading to a potential rapid growth in profits [1]

Core Viewpoint - Jiaxin International Resources (03858) announced the issuance of 16.4712 million ordinary shares due to the full exercise of the over-allotment option on September 2, 2025 [1] Company Summary - The company has exercised its over-allotment option, resulting in the issuance of a significant number of ordinary shares [1]

Group 1 - The company, Jiaxin International Resources (03858), announced the issuance of 16.4712 million ordinary shares due to the full exercise of the over-allotment option on September 2, 2025 [1]