Changes in Hong Kong stocks | Liqin Resources (02245) rose nearly 6%. The A-share IPO subscription officially launched today, and the net profit for the first three quarters increased by more than 54%

The Zhitong Finance App learned that Liqin Resources (02245) rose nearly 6%. As of press release, it had risen 5.82% to HK$17.46, with a turnover of HK$7.5951 million.

According to the news, on September 18, Liqin Resources officially launched the subscription. The issue price is 21.23 yuan/share, and it will soon land on the main board of the Shenzhen Stock Exchange. This also marks that the listing process of this nickel-cobalt industry chain company has ushered in new progress. According to reports, as the largest nickel ore trader in China, Liqin Resources has a long-term stable supply of core upstream resources. The trade volume of nickel products ranked first in the world in 2024, and ranked second in the world's stable hydrometallurgical nickel product production projects using HPAL technology.

According to the prospectus, benefiting from the recovery in nickel prices, the gradual release of new smelting capacity, and the continued expansion of downstream market demand, Liqin Resources expects its revenue for the first three quarters of 2026 to be 38 billion yuan to 42 billion yuan, up 27.93% to 41.40% year on year; net profit to mother is 3.150 billion yuan to 3.250 billion yuan, up 54.00% to 58.89% year on year.