Group 1 - Jaxin International Resources (03858) has seen its stock price increase by nearly 350% from its IPO price of HKD 10.92, with a current price of HKD 48.44, reflecting a rise of 12.29% at the time of reporting [1][1][1] - Tungsten powder prices have risen by HKD 10,000 per ton to reach HKD 1 million per ton as of December 17, marking a 216.5% increase since the beginning of the year [1][1][1] - CICC indicates that domestic production is under pressure due to declining grades and stricter regulations, while uncertainties in overseas projects and ongoing geopolitical conflicts necessitate higher incentive prices for global tungsten supply increases, suggesting that tungsten prices are likely to remain strong in the short term [1][1][1] Group 2 - Jaxin International is projected to produce 13,700 tons of concentrate by 2027, with market expectations for long-term tungsten concentrate prices to stabilize between HKD 450,000 and HKD 500,000 per ton [1][1][1] - The cost of producing tungsten concentrate is expected to drop to HKD 49,000 per ton by 2027, potentially leading to gross profits of HKD 5.5 billion to HKD 6 billion for the company [1][1][1] - If tungsten prices exceed expectations, Jaxin International could see significantly higher profits [1][1][1]
佳鑫国际资源涨逾13% 较招股价已涨近3.5倍 钨价涨势超预期或显著提振公司业绩