Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Jaxin International Resources (03858), which has increased over 7% and is currently trading at 74.5 HKD, with a total market capitalization nearing 35 billion HKD [1] - The latest monitoring data from Zhongtung Online indicates that the prices of key products in the tungsten industry continue to rise, reaching new highs. The price of 65% black tungsten concentrate has surpassed 500,000 RMB per ton, up 10.87% since the beginning of the year [1] - The price of domestic APT (Ammonium Paratungstate) is reported at 750,000 RMB per ton, reflecting an increase of 11.94% year-to-date, while tungsten powder prices have exceeded 1,200 RMB, currently quoted at 1,210 RMB per kilogram, marking a 12.04% rise since the start of the year [1] Group 2 - The article suggests that from 2025 to 2027, Jaxin International Resources is expected to see a more than tenfold increase in net profit attributable to shareholders, indicating a transition to a growth stock [1] - Given the high explosive potential of its performance and the scarcity of pure tungsten mining assets, if a valuation of 30 times is applied for 2026, the market capitalization of Jaxin International Resources could potentially reach the trillion RMB level, representing a threefold growth compared to its current market value [1]
港股异动 | 佳鑫国际资源(03858)再涨超7% 总市值已近350亿港元 钨产业链核心产品价格继续上涨