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Breakingviews - Nickel IPO puts Jakarta at centre of China EV boom

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Breakingviews - Nickel IPO puts Jakarta at centre of China EV boom

A Hong Kong stock market debut puts Jakarta at the centre of China's electric-car boom. Lygend Resources & Technology , a Chinese nickel trader, is looking to raise up to $594 million in an initial public offering to expand in Indonesia. The company's presence in the resource-rich archipelago allows it to export copious quantities of the metal, which is in high demand back home.

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china indonesia stock market markets economy investment stocks finance business ipo ev car vehicle electric electric vehicle nickel hong kong

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Breakingviews - Nickel IPO puts Jakarta at centre of China EV boom

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Breakingviews - Nickel IPO puts Jakarta at centre of China EV boom

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