Jinchuan Gains Most in Three Months on Indonesia Speculation
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Jinchuan Group International Resources Co. shares jumped the most in three months on speculation Indonesia may bring forward restrictions on exports of metal ores including nickel to May, potentially boosting sales from Chinese suppliers.
Shares gained as much as 30.4 percent to HK$1.76, the most since Nov. 14, before closing at HK$1.69. The benchmark Hang Seng Index dropped 0.4 percent. The company, a unit of Jinchuan Group Co., mines and explores for nickel in China.