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CCB Principal Guozheng New Energy Vehicle Battery ETF
159775.SZ
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Lithium stocks slide as China moves to stop speculative trading

Lithium stocks fell as China intervened to curb speculative trading. GFEX raised transaction fees, causing lithium carbonate prices to drop 9%. CATL may restart production at its lithium mine, impacting global output. Major lithium stocks like Albemarle and SQM saw declines. Ganfeng Lithium forecasts a 30% demand increase by 2026, potentially raising prices.

MSN·
HK
01772
-12.47%
SZ
002460
-10.00%
MSN·
HK
01772
-12.47%
SZ
002460
-10.00%

Lithium prices plunge in China after moves to curb speculative trading

Lithium prices in China fell sharply after the Guangzhou Futures Exchange curbed speculative trading and CATL planned to restart production at its lithium mine. The most-active lithium carbonate contract dropped 9% to 91,020 yuan per metric ton. GFEX increased transaction fees and limited daily open positions for non-futures company members. CATL's Jianxiawo mine, which can produce 46,000 tons of lithium carbonate annually, is set to resume production after a suspension since August.

Reuters·
SZ
300750
-2.48%
HK
03750
-3.73%
Reuters·
SZ
300750
-2.48%
HK
03750
-3.73%

Ganfeng Lithium Shareholders to Vote on Proposed Financial Leasing Business at Upcoming EGM

Ganfeng Lithium Group Co. Ltd. will hold an EGM on December 11, 2025, for shareholders to vote on starting a financial leasing business with its joint venture. The board recommends voting in favor. This AI-generated news is for informational purposes and not financial advice.

Reuters·
HK
01772
-12.47%
SZ
002460
-10.00%
Reuters·
HK
01772
-12.47%
SZ
002460
-10.00%