{Economic Information Daily, Nov 16} Ganfeng Lithium (01772) is down 5.8%, trading at HK$24.12, with approximately 6.58 million shares traded, involving HK$164 million; Tianqi Lithium (09696) is down 1.4%, trading at HK$24.12; CATL (03750) is down 2.8%, trading at HK$436.2.

　　Ganfeng Lithium announced that its profit for the third quarter ended September 30 was approximately RMB 755 million, up 35.6% year-on-year (a significant drop compared to RMB 1.84 billion in the first quarter and RMB 2.42 billion in the second quarter of this year; on a quarter-on-quarter basis, the third-quarter profit fell 68.8%). Earnings per share were RMB 0.36. Profit after deducting non-recurring gains and losses was RMB 780 million, up 28-fold year-on-year. Operating revenue was approximately RMB 13.06 billion, up 1-fold year-on-year.

　　The group stated that its profit for the first three quarters was RMB 5 billion, up 195-fold year-on-year, with earnings per share of RMB 2.4. Profit after deducting non-recurring gains and losses was RMB 4.64 billion, up 5.9-fold year-on-year. Operating revenue was RMB 36.1 billion, up 1.5-fold year-on-year, primarily due to the recovery in selling prices of lithium products and increased sales volume of battery products.

　　Currently, the Hang Seng Index stands at 24,349, up 286 points or 1.2%, with turnover on the main board exceeding HK$28.4 billion. The Hang Seng China Enterprises Index stands at 8,197, up 93 points or 1.2%. The Hang Seng Tech Index stands at 4,146, up 85 points or 2.1%. (vs)