---
title: "Ganfeng Lithium Tumbles 8% as Carbonate Futures Slide"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290906542.md"
description: "Ganfeng Lithium fell 8% to HK$48.94 amid lithium carbonate futures drop exceeding 6%. BlackRock reduced stake from 7.63% to 6.74% in June."
datetime: "2026-06-26T03:02:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290906542.md)
  - [en](https://longbridge.com/en/news/290906542.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290906542.md)
---

# Ganfeng Lithium Tumbles 8% as Carbonate Futures Slide

Ganfeng Lithium (1772.HK) **tumbled 8.02%** during regular trading to **HK$48.94**, with transaction value reaching **HK$511 million**. On the news front, lithium carbonate futures main contract dropped over **6%** intraday, dragging down both A-share and Hong Kong lithium mining sectors.

Shanghai Futures Exchange lithium carbonate main contract has fallen nearly **RMB 60,000 per tonne** since hitting an annual high of **RMB 205,000** on May 12—less than one month. Meanwhile, CATL's Jiangxia lithium mine project regained preliminary land use review and location selection approval, which industry sources say may directly affect approximately **10%** of domestic lithium salt supply.

Additionally, Hong Kong Exchanges disclosure showed BlackRock reduced its holding in Ganfeng Lithium H-shares on June 19, lowering stake percentage from **7.63%** to **6.74%**.

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