Lygend Resources is raising money to build Indonesia production sites
HONG KONG — A Chinese nickel producer backed by the world’s top electric vehicle battery supplier has listed in Hong Kong hoping to capitalize on growing investor interest in the metal.
Lygend Resources & Technology Co. started trading on Thursday at the price of 15.80 Hong Kong dollars, the lower end of its offering range. Its shares climbed 0.5%, underperforming the Hang Seng Index which rose over 3% at one point during the morning trading session.
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