HK Stock Market Move | LYGEND RESOURCE (02245) rises again by over 6% as its A-share listing enters the implementation phase. The company expects significant growth in both the first half and the entire year.

LYGEND RESOURCE (02245) rose over 6% again, and as of the time of reporting, it was up 5.68%, trading at HKD 16.38, with a transaction volume of HKD 67.6508 million. In terms of news, recently, the China Securities Regulatory Commission officially approved Ningbo LYGEND RESOURCE Technology Co., Ltd.'s initial public offering registration, which means that the global nickel industry leader LYGEND RESOURCE's return to the A-share market has entered the implementation stage. The company plans to list on the main board of the Shenzhen Stock Exchange, aiming to raise approximately CNY 4.047 billion, primarily for the wet method slag resource utilization demonstration project and the MHP refining production project. It is worth noting that the IPO application materials from LYGEND RESOURCE include a voluntary profit forecast for the year 2026. The company expects its full-year operating revenue to be CNY 56.413 billion, a year-on-year increase of 40.14%; and a net profit of CNY 6.001 billion, a year-on-year increase of 26.35%. Additionally, the company recently issued a positive profit announcement for the first half of the year, predicting a pre-tax profit of CNY 2.25 billion to CNY 2.5 billion, representing a year-on-year growth of approximately 57.3% to 74.8%.