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12/10/2026 13:51

Ganfeng drops 6%, Tianqi falls nearly 5%; lithium carbonate main contract drops 10%, first time below 110,000 RMB within the year

   Lithium battery stocks under pressure across the board. Ganfeng Lithium (01772) fell 6.3%, closing at HK$28.14, while Tianqi Lithium (09696) dropped 5.2%, closing at HK$26.02.

  The decline in the main lithium carbonate contract widened to 10%, currently trading at RMB 106,860 per ton, the first time falling below the RMB 110,000 threshold since the end of last December.

  Currently, the Hang Seng Index stands at 24,228, up 16 points or less than 0.1%, with main board turnover nearing RMB 102.7 billion. The Hang Seng China Enterprises Index is at 8,151, up 3 points or less than 0.1%. The Hang Seng Tech Index is at 4,165, down 32 points or 0.8%.
Table showing performance of related stocks
Stock (Code)Current Price (HK$)Change (%)
Ganfeng Lithium (01772)28.14Down 6.26%
Tianqi Lithium (09696)26.02Down 5.24%
China Aviation Lithium (03931)15.83Down 1.55%
BYD Electronics (00285)23.1Down 0.26%
Chaowei Power (00951)1.105Down 3.49%
Leoch International (00842)0.82Down 0.24%
Tenpower (00819)3.665Down 1.21%
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