TrendForce: Material costs have slightly risen, and it is expected that Cell prices will stabilize in Q1 2025.

According to the latest survey by TrendForce, in 2024, after a long decline, prices of Cell in China Shipbuilding Industry Group Power and energy storage are expected to stabilize by the fourth quarter.

Zhitong Finance00:34 ET

The three major A-share indexes showed mixed results, with the micro-index leading the decline, Hong Kong stocks fell, and the Hang Seng Tech Index dropped by more than 2%.

Hong Kong stocks fell, with the Hang Seng Index down 1.93% and the Hang Seng TECH Index down 2.04%. EAST BUY fell nearly 5%, and BYD Electronics dropped over 4%. Oil & Gas stocks opened with a significant rise, with Xinjiang Zhundong Petroleum Technology hitting the limit up, while Sino Geophysical, Tong Petrotech Corp., XinJiang Beiken Energy Engineering, and Zhongman Petroleum And Natural Gas Group Corp.,Ltd. all opened high.

wallstreetcn20:55 ET

Hong Kong stocks are moving | Apple Supplier stocks are declining, Sunny Optical (02382) fell by 5% at one point. Ming-Chi Kuo predicts that iPhone shipments in 2025 will be below expectations.

Apple Supplier concept stocks collectively declined. As of the time of writing, Sunny Optical (02382) fell by 4.07% to HKD 60.15; Q TECH (01478) dropped by 2.85% to HKD 5.45; BYD Electronic (00285) decreased by 2.56% to HKD 38.1.

Zhitong Finance20:52 ET

The "cold winter" is not over yet! Industry worries: lithium prices are still difficult to achieve a significant rebound this year.

① After experiencing two years of cyclical adjustments, many industry insiders predict that Lithium prices may still face challenges in 2025; ② With the ongoing surplus in Lithium supply, and the possibility that some mines might restart if prices rise, it means that this Battery Metal may still be unlikely to see a significant rebound this year.

cls.cnJan 7 22:39 ET

The risk of oversupply is hard to diminish. Analysts say that lithium prices are more likely to fall than to rise this year.

The stubborn elasticity of lithium supply remains an obstacle to recovery.

Zhitong FinanceJan 7 20:29 ET

Stubbornly Resilient Lithium Supply Remains Hurdle to Recovery

BNN BloombergJan 7 19:00 ET