Core Viewpoint - Xinjiang Xinxin Mining (03833) has seen a significant increase in stock price, rising over 30% in the month and currently trading at 2.71 HKD, with a trading volume of 25.91 million HKD [1] Group 1: Company Overview - Xinjiang Xinxin Mining fully owns four nickel-copper mines: Kalatongke, Huangshandong, Huangshan, and Xiangshan, as well as two vanadium mines: Xianghe Street and Mujia River, and the Karachar fluorite mine [1] Group 2: Industry Insights - The Indonesian Nickel Miners Association reported that the government's nickel production target for the 2026 work plan and budget (RKAB) is approximately 250 million tons, a significant decrease from the 379 million tons set for 2025 [1] - CICC indicated that the tightening of nickel mining quotas will have a minimal impact on the Indonesian economy, and rising nickel prices will enhance tax revenue and increase the value of local resources, suggesting a high probability of the quota policy being implemented [1] - Guangzhou Futures noted that the Indonesian government is still discussing the quota plan internally, and past instances of similar quota policy news being disproven suggest that the impact on nickel prices may be overestimated [1]
港股异动 | 新疆新鑫矿业(03833)再涨超6% 市场关注印尼政府镍矿配额方案落地情况