Understanding the Market | Ganfeng Lithium rises over 6%, A-shares rise over 9% in the afternoon as the company continues to increase investment in battery business
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Ganfeng Lithium's stock price rose by more than 6%, with the A-shares increasing by over 9%. As of the time of writing, the stock price is HKD 48.48, with a trading volume of HKD 1.735 billion. The company announced that it has developed the research and production capabilities for solid-state batteries and has launched a flight series power supply suitable for the low-altitude economy. Changjiang Securities pointed out that the rebound in lithium prices will improve the company's profitability, and the company continues to invest in its battery business, indicating broad growth potential and investment value worth paying attention to
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