Changes in Hong Kong stocks | Liqin Resources (02245) rose more than 8%, Indonesia plans to cut nickel production to stabilize prices, and the company fully covers the nickel industry chain

The Zhitong Finance App learned that Liqin Resources (02245) increased by more than 8%. As of press release, it had risen 8.33% to HK$18.85, with a turnover of HK$59,156,700.

According to reports, the Indonesian Nickel Miners Association (APNI) revealed that the nickel ore production proposed in the 2026 Work Plan and Budget (RKAB) is about 250 million tons, which is a sharp drop from the 2025 RKAB production target of 379 million tons. APNI Secretary General Medi Katrin Lenkey explained that the raw ore production plan was set lower than this year to prevent nickel prices from falling further. According to reports, Liqin Resources is the world's leading nickel company, covering the entire nickel industry chain. The company started with nickel ore trading and gradually transformed into a nickel industry chain company. Currently, it has covered the complete industrial chain links such as nickel ore trade, smelting production, equipment manufacturing and sales.