MBGANFE@EP2604A

Ganfeng Lithium and Vowloft Engage in eVTOL Battery Cooperation

Comparison of Ganfeng Lithium and Tianqi Lithium Turning Profit in 2025

JPMorgan Reduced GFL Holding for Approximately HKD 180 Million

DBS Projects Ganfeng Lithium's Net Profit Between RMB1.1B to RMB1.65B in 2025

Lithium Carbonate Continuous Main Contract Dips 3% Intraday

DBS Raises Target Price for GFL's A and H Shares

Ganfeng Lithium Completes the Issuance of the First Issue of Green Sci-Tech Innovation Bonds in 2026 with a Total Amount of 500 Million Yuan

Ganfeng Lithium Completes 2 Billion Yuan Green Super Short-Term Commercial Paper Issuance

Ganfeng Lithium Announces Annual Profit Turning from Loss to Profit

Ganfeng Lithium's Expected 2025 Net Profit Changes and Fair Value Gains

BNP Paribas Upgrades GFL Lithium's A-share Rating to Outperform, with a Target Price of 88 Yuan

Uptake in GF Lithium's Target Price and Profit Forecast by Dahua Jixian

Ganfeng Lithium Plans to Launch Foreign Exchange and Commodity Futures Hedging Business

UOB Kay Hian Raises Target Price for Ganfeng Lithium to HKD90

Ganfeng Global Energy Technology Co., Ltd. Established

Uptick in rating for GFL Lithium A-shares to Buy by UOB Kay Hian

JPMorgan Increases Long Position in Ganfeng Lithium

Lithium Carbonate Main Contract Rises 7% Intra-day

Lithium Carbonate Futures Price Plunges

Sharp Rise in Lithium Carbonate Futures Driven by Policy

CENTURY GINWA

STARGLORY HLDGS

RIDGE OUTDOOR

TIMES UNI GP

TIANLI HOLDINGS

PROSP INV HOLD

ELEGANCEOPTICAL

SYNAGISTICS

HING LEE (HK)

CH ENV TECH&BIO

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002460

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002466

LAAC

The main contract for lithium carbonate futures rose by over 9%, surpassing the 150,000 yuan/ton mark

Wallstreetcn

GANFENGLITHIUM

Ganfeng Lithium

Chengxin Lithium

Albemarle

Arcadium Lithium

Sigma Lithium

Lithium Americas

YOUNGY

iShares Lithium Miners and Producers ETF

TIANQI LITHIUM

Global X Lithium & Battery Tech

Lithium Americas Argentina C

Piedmont Lithium

Sociedad Quimica Y Minera

Standard Lithium

Sprott Lithium Miners ETF

BATT

The main contract for lithium carbonate futures surged 7% during the day

Amplify Lithium & Battery Tech ETF

JPMorgan Chase & Co's short position in H-shares of Ganfeng Lithium increases to 2.82% on Feb 4 from 1.98%, HKEX says

marketscreener

JPMorgan Chase

Defiance Daily Target 2X Long JPM ETF

JPMorgan Chase & Co's short position in H-shares of Ganfeng Lithium increases to 2.82% on Feb 4 from 1.98%, HKEX says

HKEX:JPMORGAN CHASE & CO'S LONG POSITION IN H-SHARES OF GANFENG LITHIUM INCREASES TO 6.07% ON FEB 4 FROM 5.07%

Reuters

JPMorgan Chase & Co's Long Position In H-Shares Of Ganfeng Lithium Increases To 6.07% On Feb 4 From 5.07%, HKEX Says

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A surge in Hong Kong-listed companies issuing convertible bonds is underway, with 11 firms raising US$7.4 billion in early 2026, driven by strong equity market sentiment. Notable issuers include Tianqi Lithium and Huatai Securities. Bankers anticipate this trend will persist as companies leverage high share prices to issue equity-linked instruments. Convertible bonds offer advantages over straight equity, allowing issuers to set higher conversion prices and providing investors with bond-like security while retaining profit potential. The expanding market is attracting more investors, with expectations for continued momentum, contingent on market conditions.

南华早报

HTSC

Hong Kong firms rush to issue convertibles – and trend could continue: bankers

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HWORLD-S(01179) rose 4.31%, with a trading turnover 127.0 Million HKD, and a year-to-date rose 8.8%. LI AUTO-W(02015) rose 3.61%, with a trading turnover 2.1 Billion HKD, and a year-to-date rose 10.6%. AIA(01299) fell 5.54%, with a trading turnover 4.8 Billion HKD, and a year-to-date rose 4.5%. MINIMAX-WP(00100) fell 5.14%, with a trading turnover 398.3 Million HKD, and a year-to-date rose 179.4%.

- The Hang Seng Index fell 1.21% but has accumulated a 3.6% increase this year.  
- The Hang Seng Tech Index decreased by 1.11%, totaling a 3.1% decline year-to-date.  
- Key stocks include Huazhu Group, which rose 4.31%, and AIA, which dropped 5.54%, with MINIMAX-WP experiencing a significant decrease of 5.14%.

Top Gainers & Losers

HWORLD-S

LI AUTO-W

CEB BANK

PETROCHINA

MINIMAX-WP

FUYAO GLASS

Top 5 HK Stock Gainers/Losers (>100B) (2.6)

000792

300750

03750

The main contract for lithium carbonate fell by 8% during the day

Qinghai Yanhu Industry

CATL

Lithium carbonate futures have dropped to CNY 145,000 per tonne from a two-year high of CNY 180,000, influenced by a pullback in speculative metals and changing demand from power storage investments. Chinese authorities are reducing export rebates for battery producers, prompting manufacturers to secure lithium orders. The government is increasing power storage spending and plans to double EV charging capacity by 2027, which supports the lithium market. Additionally, 27 mining permits were canceled in Jiangxi, coinciding with the suspension of CATL's lithium mine activities.

Trading Economics

Lithium Extends Plunge from 2-Year High

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YUM CHINA(09987) rose 11.42%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 18.6%. HAITIAN FLAV(03288) rose 5.59%, with a trading turnover 394.2 Million HKD, and a year-to-date rose 3.8%. MINIMAX-WP(00100) fell 8.65%, with a trading turnover 675.2 Million HKD, and a year-to-date rose 194.5%. GANFENGLITHIUM(01772) fell 6.6%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 7.6%.

YUM CHINA

HAITIAN FLAV

LENOVO GROUP

HORIZONROBOT-W

WUXI APPTEC

CMOC

JIANGXI COPPER

Top 5 HK Stock Gainers/Losers (>100B) (2.5)

JPMorgan's long position in H shares of Ganfeng Lithium decreases to 5.55% on Jan 30 - HKEX

JPMorgan's long position in H shares of Ganfeng Lithium decreases to 5.55% on Jan 30 - HKEX

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YANKUANG ENERGY(01171) rose 10.58%, with a trading turnover 1.6 Billion HKD, and a year-to-date rose 29.3%. EASTROC(09980) rose 9.53%, with a trading turnover 819.7 Million HKD, and a year-to-date rose 11.2%. MINIMAX-WP(00100) fell 8.43%, with a trading turnover 691.1 Million HKD, and a year-to-date rose 222.4%. KNOWLEDGE ATLAS(02513) fell 6.58%, with a trading turnover 254.1 Million HKD, and a year-to-date rose 95.5%.

YANKUANG ENERGY

EASTROC

CHINA COAL

CHINA EAST AIR

AIR CHINA

KNOWLEDGE ATLAS

TRIP.COM-S

HUA HONG SEMI

Top 5 HK Stock Gainers/Losers (>100B) (2.4)

Tianqi Lithium Corp. has announced plans to sell up to 3,565,970 Class A shares of Chilean lithium producer SQM, representing 1.25% of SQM’s total share capital. This disposal, classified as a discloseable transaction under Hong Kong listing rules, will be executed at prices not lower than Tianqi’s original investment cost. The move aims to optimize capital allocation and liquidity while maintaining Tianqi’s position as a major SQM shareholder. The current analyst rating for Tianqi Lithium stock is a Hold with a price target of HK$58.00.

Tip Ranks

Tianqi Lithium Plans Partial Stake Sale in SQM in Discloseable Transaction

Tianqi Lithium Corp plans to raise approximately $750 million through a share placement and convertible bonds. The company will issue 65 million new H shares at a discount and has also agreed to a subscription for $375 million in zero-coupon convertible bonds. Proceeds will support lithium sector development and potential acquisitions. Additionally, Tianqi intends to sell up to 3.6 million class A shares in SQM, reducing its stake to 21.9%. The company has a 90-day lock-up period post-placement.

Tianqi Lithium to raise $750 million equity-linked funding, eyes further SQM share sale

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00425

KBAB

BABX

KWEB

BABA

Daiwa Capital Markets holds a constructive view on the mid-term market outlook, despite potential volatility in February. In January, the Chinese stock market rebounded, with the Hang Seng Index and MSCI China Index rising by 6.9% and 5%, respectively. The firm added Alibaba, Ganfeng Lithium, and MINTH GROUP to its buy list, while Meituan was added to the sell list

AASTOCKS

BABA-W

MINTH GROUP

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

Krne Csi China Internet

Alibaba

Daiwa Capital Markets: Maintains a constructive view on the mid-term market conditions; Alibaba, Ganfeng Lithium, and Minth Group added to the buy list; Sell Meituan

MBGANFE@EP2604A(21989.HK)

The main contract for lithium carbonate futures rose by over 9%, surpassing the 150,000 yuan/ton mark

The main contract for lithium carbonate futures surged 7% during the day

JPMorgan Chase & Co's short position in H-shares of Ganfeng Lithium increases to 2.82% on Feb 4 from 1.98%, HKEX says

JPMorgan Chase & Co's Long Position In H-Shares Of Ganfeng Lithium Increases To 6.07% On Feb 4 From 5.07%, HKEX Says

Hong Kong firms rush to issue convertibles – and trend could continue: bankers