东兴证券发布研报称，锂电板块在经历2023年筑底调整后，各环节盈利触底、格局持续出清，中游材料环节亦是经过了完整的库存周期下行阶段，目前板块价格、库存与扩张节奏均处于多年底部，年内伴随需求端增速回暖上扬的趋势以及固态电池等新技术产业化进程持续催化，板块部分环节迎来反弹，在需求端增长仍具韧性背景下，板块景气度已走过最差的时刻且有望持续转暖，对于基本面的悲观预期已逐步缓释，当前时点板块业绩已企稳且兼具弹性，具备一定的配置价值。Lithium stocks picked up in early trading. As of press release, Ganfeng Lithium (01772) rose 3.72% to HK$20.1; Tianqi Lithium (09696) rose 2.8% to HK$23.85.
The Zhitong Finance App learned that lithium stocks picked up in early trading. As of press release, Ganfeng Lithium (01772) rose 3.72% to HK$20.1; Tianqi Lithium (09696) rose 2.8% to HK$23.85.
On the news, recently, Ganfeng Lithium said on an interactive platform that due to recent changes in market supply and demand, lithium carbonate prices have fluctuated greatly, and the company is still optimistic about the medium- to long-term lithium industry demand. The company expects that the marginal improvement in future demand will gradually stabilize lithium carbonate prices, and market competition will gradually become rational. The company has formed a strategic layout integrating upstream and downstream of the lithium battery industry, so it is expected that the company's lithium salt business and lithium battery business will benefit from the rapid development of the lithium battery industry in the future.
Dongxing Securities released a research report saying that after experiencing bottoming out in 2023, profits in all sectors bottomed out and the pattern continued to clear, and the midstream materials sector also went through a complete downward phase of the inventory cycle. Currently, the sector's price, inventory and expansion pace are all at the bottom for many years. During the year, along with the trend of recovering and rising demand side growth and the industrialization process of new technologies such as solid-state batteries, etc., some segments of the sector experienced a rebound. In a context where demand side growth is still resilient, the sector's sentiment has gone through the worst and worst time. It is expected to continue to warm up. Pessimistic expectations about fundamentals have gradually abated. At this point The sector's performance has stabilized and is flexible, and has a certain allocation value.