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Hong Kong stock movement | Jiangsu Lopal Tech (02465) surged over 15% on rumors that BYD is temporarily tendering for lithium iron phosphate, with the supply and demand for lithium iron phosphate gradually improving.
Jiangsu Lopal Tech (02465) surged over 15%, as of the time of writing, it rose 12.24%, priced at 4.95 Hong Kong dollars, with a transaction volume of 49.1371 million Hong Kong dollars.
Jiangsu Lopal Tech (603906.SH): The joint venture with Contemporary Amperex Technology, known as Lopal Times, has reached operational status.
Globe News on December 17 reported that Jiangsu Lopal Tech. (603906.SH) stated on the investor interaction platform that hydrogen energy is still at the initial stage of the Industry, and the Company's Business is also actively expanding. The joint venture established by the Company with Contemporary Amperex Technology, Lopal Times, has reached a usable state. Specific Company Business Data will be disclosed in relevant periodic reports.
Jiangsu Lopal Tech (603906.SH): Actively conducting research and development as well as sample delivery with downstream battery customers regarding the application of lithium iron phosphate materials in Solid State Battery.
On December 17, Gelonghui reported that Jiangsu Lopal Tech. (603906.SH) announced on the investor interaction platform that the company is actively conducting research and sample delivery related to the application of lithium iron phosphate materials in Solid State Battery with downstream battery customers.
Individual Investors Among Jiangsu Lopal Tech. Co., Ltd.'s (SHSE:603906) Largest Stockholders and Were Hit After Last Week's 9.6% Price Drop
Statistics on the abnormal changes in the Hong Kong Stock Connect proportion | December 10
Statistics of the abnormal changes in the proportion of Zhitong Hong Kong Stock Connect | December 9, 2024.
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
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