Sunway Material falls over 5% to HK$9.79 on trading day

Sunway Material (6067.HK) fell over 5% to HK$9.79 during regular trading.

The battery storage sector has recently experienced volatility due to fluctuations in lithium carbonate futures prices and shifting supply-demand expectations. Earlier this month, the company announced a partnership with Farasis Energy to establish a battery energy storage fund.