Hong Kong stock movement: BlackRock's reduction and earnings forecast double blow, GANFENGLITHIUM's stock price plummets 10.90%!

Hong Kong Stock Movement GANFENGLITHIUM fell 10.90%. Based on recent key news: On January 28, BlackRock reduced its holdings in GANFENGLITHIUM, decreasing its stake from 6.48% to 5.77%, raising market concerns about the company's future performance, leading to a drop in stock price. On January 27, GANFENGLITHIUM released a performance forecast, expecting a net profit of RMB 1.1 billion to RMB 1.65 billion for 2025, but after excluding non-recurring gains and losses, it will still incur a loss of RMB 300 million to RMB 600 million, indicating ongoing pressure on its main business, affecting investor confidence. On January 29, GANFENGLITHIUM sold PLS shares for a profit of approximately RMB 709 million, accounting for 34.21% of the company's most recent net profit, but the market doubts the sustainability of its earnings, leading to stock price fluctuations. High lithium prices have drawn attention to industry profitability. Stocks with High Trading Volume in the Industry Tianqi Lithium fell 9.17%. Based on recent key news: On January 29, the Chilean Supreme Court rejected Tianqi Lithium's appeal, upholding the original ruling. This ruling involves the partnership agreement between SQM and Codelco, which may affect SQM's core lithium business control and investment returns, leading to a drop in stock price. Source: Zhitong Finance On January 29, Tianqi Lithium released its 2025 performance forecast, expecting a net profit of RMB 369 million to RMB 553 million, turning from loss to profit year-on-year. Despite a decline in lithium product sales prices, the pricing cycle for its controlling subsidiary's lithium mines has shortened, significantly increasing investment returns. Source: Economic Information Daily On January 30, Bank of America Securities maintained a "Buy" rating on Tianqi Lithium, expecting lithium prices to continue rising in 2026, with a target price of HKD 70. This rating aligns with industry trends and supports a rebound in stock price. Source: Zhitong Finance, rising lithium prices, optimistic industry outlook. Dongyue Group fell 3.34%. Based on recent key news: On January 30, Dongyue Group released a performance forecast, stating that its subsidiary Dongyue Silicon Materials expects a net profit loss of RMB 13.7 million to RMB 25.4 million for 2025, with a loss of RMB 1.6 million to RMB 3.1 million after excluding non-recurring gains and losses, leading to a drop in stock price. Source: Zhitong Finance On January 28, Dongyue Group announced the expected loss for Dongyue Silicon Materials for 2025, a significant decline from the previous year's net profit of RMB 56.76 million, as the market environment led to a decrease in average product prices, sales revenue, and gross margin. Source: Zhitong Finance On January 29, Dongyue Group confirmed the annual loss forecast for Dongyue Silicon Materials through an announcement on the Hong Kong Stock Exchange, further intensifying market concerns about the company's profitability. Source: Economic Information Daily, the silicon materials industry faces price pressure, affecting profitability. Huabao International rose 6.03%. Based on recent key news: On January 28, Huabao International announced a share repurchase plan of up to HKD 500 million, which was positively received by the market, driving the stock price up. Source: Zhitong Finance On January 28, Hua Bao International issued a profit warning, expecting a pre-tax loss reduction of 15% to 35% in 2025, indicating an improvement in the company's financial condition and boosting investor confidence. Source: Economic Information Daily On January 28, Hua Bao International's subsidiary, Hua Bao Fragrance, turned a profit with a net profit of 65 million to 95 million yuan, further enhancing market expectations for the company's future profitability. Source: Zhitong Finance Industry recovery, significant capital inflow, caution against volatility risks. Stocks ranked among the top in industry market capitalization Global New Materials International, down 1.24%, with a market capitalization of HKD 10.9 billion, has no significant news recently. Trading is active, with clear capital flow; considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation