Energy Insider: China’s Top Nickel Trader Eyes Hong Kong Share Sale

In today’s Caixin energy news wrap: China’s exports of photovoltaic products surge; Hong Kong prepares for first retail sale of green bonds; battery giant CATL plans overseas expansion.

China’s top nickel trader plans Hong Kong debut

China’s top nickel trader Lygend Resources & Technology Co. Ltd. applied for a public share sale on the Hong Kong Stock Exchange. The company didn’t disclose the size of the planned offering. In 2020, Zhejiang-based Lygend ranked as the world’s fourth-largest nickel producer in terms of trading volume and China’s largest with a domestic share of 27.3%.