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.
The information is for reference only and does not constitute investment advice. Investors should assess risks independently.
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