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Express News | Mexican President Lopez Obrador Says Government Will Seek Agreement, Defend Mexico's Rights in Arbitration With Chinese Firm Over Concession to Mine Lithium
Hong Kong stock market anomaly | Lithium industry stocks fell today, actual reduction of lithium salt factories is limited, and lithium prices are expected to remain weak in the short term.
According to the Wisdom Investing app, lithium stocks fell today. As of press time, Tianqi Lithium Corporation (09696) fell 3.8%, to HKD 24.05; Ganfeng Lithium (01772) fell 3.33%, to HKD 16.34. On June 27th, the main contract for lithium carbonate futures fell again below the 90,000 yuan level. Yesterday, the main contract for lithium carbonate futures, 2407, rose by more than 5%, to 92,550 yuan/ton. Zhicun Lithium Group recently announced that due to the summer flood season, in order to ensure the safe and stable operation of the production line, and improve product quality and production efficiency, regular summer maintenance plans will be carried out annually.
As lithium battery sector comes under pressure, ganfenglithium (01772) drops by 2.5%. Institutions suggest that the sector is undervalued, and under pressure from raw material prices, lithium battery companies may benefit.
Lithium battery sector is under pressure at the beginning of the market, with Ganfeng Lithium (01772) falling 2.50%, BYD Electronic (00285) falling 2.11%, Tsaker NE (01986) falling 1.87%, Zhongchuang Inno-Aircraft (03931) falling 1.49%, Tianqi Lithium Corporation (09696) falling 1.40%.
Hong Kong stocks closed (06.26) | Hang Seng Index rose 0.09%, lithium industry stocks soared, NetEase-S (09999) surged 6%, leading the blue-chip stocks.
Zhitong Finance APP learned that the Hong Kong stock market opened under pressure today, but then fluctuated and strengthened, with the three major indices turning red successively. Among them, the Hang Seng Tech Index performed the strongest, rising 1.42% at one point during the day. As of the close, the Hang Seng Index rose 0.09% or 17.03 points, closing at 18089.93 points, with a daily turnover of HKD 95.15 billion; the Hang Seng China Enterprises Index rose 0.2% to 6477.24 points; the Hang Seng Tech Index rose 0.94% to 3689.68 points. Guotai Junan pointed out that as China's economic and policy uncertainties decrease, the sentiment in the Hong Kong stock market is recovering. In overseas markets, major central banks have successively launched their first
The lithium industry has strong momentum. Tianqi Lithium Corporation (09696) rose 7.87%, and institutions predict that the lithium battery Q3 peak season is expected.
Jingu Finance | Lithium stocks have shown strong momentum, with Tianqi Lithium Corporation (09696) rising 7.87% and Ganfenglithium (01772) rising 6.24%. After the release of relevant consultation draft on May 8, on June 19, the Electronic Information Department of the Ministry of Industry and Information Technology officially released the "Specifications for the Lithium-ion Battery Industry (2024 Edition)" (referred to as "Specifications") and the "Management Measures for the Announcement of Specifications for the Lithium-ion Battery Industry (2024 Edition)", which clarify that it will guide the industry to accelerate transformation, upgrading and structural adjustment, and promote the high-quality development of China's lithium-ion battery industry. Shanxi stated that every cycle of lithium mining expansion will undergo structural adjustment.
Ganfeng Lithium Sets Record Date for Final Dividend
Ganfeng Lithium Group Co (HKG:1772, SHE:002460) will pay a final dividend of 8 yuan per 10 A shares or HK$8.77 per 10 Hong Kong shares for the year ended Dec. 31, 2023. The ex-dividend date is June 27
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151453268 witso : Pls was definitely on the radar a while back but the thought of a slow recovery due to renewable uptake uncertainty, governments and market hold ups made it disappear, i do like Renascor resources graphite due to the potential supply side and china cant continue to dilute the price for ever when they kick off maybe a watch.