Tianqi Lithium (9696.HK) fell 4.81% during regular trading to HK$32.08.
The company recently released a preliminary earnings report for the first half of 2026, forecasting net profit growth of 3276%-4935% year-over-year, driven by high lithium carbonate prices and recovering downstream demand. However, the broader Hong Kong market came under pressure today with the Hang Seng Index declining, causing the lithium battery sector to adjust alongside the market and pushing the stock price down to a new low over the past month.