Group 1 - Nickel stocks have risen across the board, with Liqin Resources up 9.05% to HKD 21.92, Xinjiang Xinxin Mining up 6.64% to HKD 2.73, and Zhongwei New Materials up 6.64% to HKD 30.5 [1] - The Indonesian Nickel Miners Association announced a target of approximately 250 million tons for nickel production in the 2026 work plan and budget, a significant decrease from the 379 million tons set for 2025 [1] - The reduction in production targets is aimed at preventing further declines in nickel prices, reflecting an intention to influence global nickel pricing [1] Group 2 - CICC's research report indicates that the 250 million tons production target is a government-level goal, with uncertainties regarding its implementation and distribution [1] - Given the current tightening of nickel mining quotas has a minimal impact on the Indonesian economy, and rising nickel prices could enhance tax revenue and increase the value of local resources, the likelihood of the quota tightening policy being implemented is high [1] - Indonesia's intention to strengthen control over resources is seen as beneficial for stabilizing the long-term average of nickel prices [1]
港股异动 | 镍业股全线走高 印尼意图强化对资源控制力 有利于稳定镍价长期中枢