---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42511762.md"
description: "$LOPAL TECH(02465.HK) fell -13% today. On the Hong Kong stock side, no single negative news was seen on the day; it seems more like the profit warning from some time ago is still fermenting—the company expects a maximum net loss of up to 1.8 billion in 2025.Demand and prices for lithium iron phosphate cathode materials haven't recovered yet. Small-cap + fundamentals are grinding at the bottom. This kind of decline can't be chased in the short term; we have to wait for signals of narrowing losses."
datetime: "2026-07-08T10:40:51.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42511762.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42511762.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42511762.md)
author: "[本职喵星人](https://longbridge.com/en/profiles/27713076.md)"
---

# $LOPAL TECH(02465.HK) fell -13% today. On the Hong…


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