---
title: "Tianqi Lithaire falls 5% to HK$34.26 amid lithium price slump"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292139824.md"
description: "Tianqi Lithium (9696.HK) dropped 5.45% in Hong Kong trading as lithium carbonate prices fell below RMB160,000/ton."
datetime: "2026-07-09T03:00:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292139824.md)
  - [en](https://longbridge.com/en/news/292139824.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292139824.md)
---

# Tianqi Lithaire falls 5% to HK$34.26 amid lithium price slump

Tianqi Lithium (9696.HK) **fell** **5%** during regular trading to **HK$34.26**.

The decline followed a drop in lithium carbonate futures below RMB160,000 per ton, pressuring sentiment across the sector. The company’s A-shares previously hit the daily limit down, dragging H-shares lower. Although approved for a RMB6 billion debt financing facility, shares remain under pressure from accelerated industry destocking and expectations of increased supply.

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