East Money Securities Analyst Xin Zexi Suggests Tungsten Powder at 1000 Yuan/Kilo Signals Major Industry Shift

Deep News12-17 14:42

On December 18, remarks allegedly made by East Money Securities analyst Xin Zexi on social media sparked significant industry attention.

A circulated screenshot showed Xin reposting an article from China Tungsten Online titled "Tungsten Powder Price Breaks 1 Million Yuan Threshold!" with the comment: "Tungsten powder at 1000 yuan per kilogram—a major industry shift is imminent."

The referenced article highlighted a rare surge in tungsten market prices on December 17, 2025: tungsten concentrate rose to 420,000 yuan per ton, ammonium paratungstate climbed to 620,000 yuan per ton, and tungsten powder exceeded the 1 million yuan mark.

Xin Zexi, formerly with Essence Securities, joined East Money Securities in February this year. He specializes in tracking cyclical and resource sectors, and his forward-looking insights often draw attention in investment circles.

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