The Zhitong Finance App learned that Xinjiang Xinxin Mining (03833) rose in the morning. As of press release, it had risen 7.38% to HK$1.6, with a turnover of HK$1.258 million.

According to the news, Shanghai Nickel surged 5% today. The price has already broken through the 240,000 mark. It has been rising for six consecutive days, with a cumulative increase of more than 18%. Everbright Futures said that for LME nickel itself, it is already at a high price, and the future market may still exchange time for space and fluctuate up and down around this price level; for the domestic market, the LME risk is gradually being released, but the price remains at a level above 30,000 US dollars/ton. Spot tightening increases expectations for the repair of internal and external price spreads. There are certain domestic expectations to make up for the increase, but this also tests downstream acceptance.