Core Viewpoint - Xinjiang Xinxin Mining (03833) has experienced a decline of over 17%, yet its year-to-date increase remains above 2.8 times [1] Company Summary - Xinjiang Xinxin Mining announced plans to issue A-shares and list on a Chinese stock exchange to promote sustainable growth in revenue and shareholder returns [1] - The company fully owns four nickel-copper mines: Kalatongke, Huangshan East, Huangshan, and Xiangshan, as well as two vanadium mines: Xianghe Street and Mujia River, and a fluorite mine: Kalchaer [1] Industry Summary - According to Jianyin International, recent changes in Indonesia's RKAB regulations and increased mining supervision, along with the declaration of force majeure at the world's second-largest copper mine, have raised global metal supply concerns [1] - Nickel prices surged past 124,000 due to these factors, but the fundamental oversupply of primary nickel has not changed significantly, indicating that nickel prices may face upward pressure [1]
港股异动 | 新疆新鑫矿业(03833)回落逾17% 公司近期宣布回A上市 机构称镍价上方仍然承压