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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%

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%

Hong Kong stock movement: Lithium prices break 100,000 but trigger concerns of a pullback, GANFENGLITHIUM stock price plummets 11.61%

GANFENGLITHIUM fell 11.61%; Tianqi Lithium fell 11.78%, with a transaction volume of HKD 405 million; Dongyue Group fell 4.87%, with a transaction volume of HKD 132 million; Global New Material International rose 0.14%, with a transaction volume of HKD 50.41 million; Huabao International fell 3.25%, with a market value of HKD 11.5 billion

HK Stock Movers Tracker·
HK
01772
-12.47%
HK Stock Movers Tracker·
HK
01772
-12.47%

China Stocks Drop on Tech Selloff

China's Shanghai Composite fell 1.6% and Shenzhen Component dropped 2.8% due to a tech and AI-linked global selloff. Key tech decliners included Zhongji Innolight, Eoptolink Technology, Shannon Semiconductor, Foxconn Industrial, and Victory Giant. New energy stocks like Sungrow Power, Contemporary Amperex, and Ganfeng Lithium also saw losses.

Trading Economics·
SZ
300308
-5.69%
SZ
300502
-8.46%
HK
01772
-12.47%
Trading Economics·
SZ
300308
-5.69%
SZ
300502
-8.46%
HK
01772
-12.47%

Hong Kong Stock Movement: Lithium Prices Surge but Demand Concerns Remain, GANFENGLITHIUM Drops 10.58% Triggering Market Caution

GANFENGLITHIUM fell 10.58%; Tianqi Lithium fell 9.21%, with a transaction amount reaching HKD 225 million; Dongyue Group fell 5.35%, with a transaction amount reaching HKD 91.43 million; Global New Material International had a transaction amount of HKD 33.86 million; Huabao International fell 4.88%, with a market value of HKD 11.3 billion

HK Stock Movers Tracker·
HK
01772
-12.47%
HK Stock Movers Tracker·
HK
01772
-12.47%
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