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Ganfeng Lithium Secures Orders Through H1 2027, Capacity Fully Booked, Plans 50% Output Increase Next Year

Baillie Gifford sells 2.6 million shares of Ganfeng Lithium for approx 201 million HKD

Baillie Gifford Reduces Holding in Ganfeng Lithium by 2.4971 million Shares

UBS Raises Lithium Price Forecast by 18% for 2026

Ganfeng Lithium Achieves Full Production, Chinese Enterprises Succeed in Global Lithium Resource Industry

Van Eck Associates Increases Holdings in Ganfeng Lithium to 5.01%

Lithium Carbonate Main Contract Rises Over 6% to 197,580 Yuan per Ton

Ganfeng Lithium's 2025 Annual General Meeting to Discuss Guarantees for Green Origin

JPMorgan Provides Profit Forecast for Ganfeng Lithium

Goldman Sachs Analyst Reiterates Sell Rating on Ganfeng Lithium with a Target Price

Shenzhen EHANG Oriental Low Altitude Economy Industry Private Equity Fund Adds GFL Lithium's Subsidiary as Partner and Increases Capital to 1 Billion Yuan

Ganfeng Lithium Announces Significant Q1 2026 Revenue and Profit Growth

GANFENGLITHIUM released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue HKD 10.43 B (forecast HKD 1.938 B), actual EPS HKD 0.9976 (forecast HKD -2.4276)

Morgan Stanley Upgrades GFL rating to Overweight

Ganfeng Lithium Issues Green Medium-term Notes to Repay Short-term Commercial Paper

GANFENGLITHIUM to Release FY2026 Q1 Earnings on April 29 Pre-Market BJT, Forecast Revenue HKD 1.938 B, EPS HKD -2.4276

Baillie Gifford & Co reduces position in Ganfeng Lithium by 180,800 shares

Morgan Stanley Upgrades GFL's A-shares Rating to Overweight

Jefferies Analyst Maintains Hold Rating on Ganfeng Lithium

Ganfeng Lithium Returns to Profitability in Q1, Driven by Strong Demand for Lithium Salts in Global New Energy Sector

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China’s Ganfeng Lithium has secured orders through the first half of 2027, driven by rising demand for energy storage systems (ESS) and investments in artificial intelligence data centres (AIDCs). President Wang Xiaoshen noted that production capacity is fully booked, with plans to increase output by 50% next year. The surge in ESS demand is attributed to energy price fluctuations and the growth of AIDCs. Ganfeng's lithium-ion batteries are crucial for stabilizing electricity networks, and the company anticipates significant growth from AIDCs in the future.

SCMP

Ganfeng Lithium

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AI|China’s Ganfeng secures orders amid surge in demand for energy storage, AI boom

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PICC GROUP(01339) rose 7.41%, with a trading turnover 822.3 Million HKD, and a year-to-date fell 16.3%. CMSC(06099) rose 6.48%, with a trading turnover 275.5 Million HKD, and a year-to-date rose 6%. KNOWLEDGE ATLAS(02513) fell 9.41%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 786.4%. MINIMAX-W(00100) fell 7.19%, with a trading turnover 612.5 Million HKD, and a year-to-date rose 350%.

Top Gainers&Losers

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Top 5 HK Stock Gainers/Losers (>100B) (5.19)

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KNOWLEDGE ATLAS(02513) rose 36.9%, with a trading turnover 3.6 Billion HKD, and a year-to-date rose 889.7%. MONTAGE TECH(06809) rose 21.31%, with a trading turnover 2.7 Billion HKD, and a year-to-date rose 368.7%. GEELY AUTO(00175) fell 5.23%, with a trading turnover 2.5 Billion HKD, and a year-to-date rose 19.4%. GANFENGLITHIUM(01772) fell 3.96%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 54%.

- The Hang Seng Index rose by 0.15%, with a year-to-date increase of 3%.  
- The Hang Seng Tech Index increased by 0.46%, but has seen a year-to-date decline of 7.7%.  
- Notable stock performances include Zhicheng (02513) up 36.9%, with a total increase of 889.7% for the year, while Geely Auto (00175) fell by 5.23%, reflecting a year-to-date increase of 19.4%.

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Citi has adjusted its commodity preference ranking, placing copper at the top due to its lagging prices and easing Middle East tensions. The bank's report highlights a strong performance in lithium stocks, while aluminum has underperformed. Overall, mining stocks are expected to align with commodity price trends despite current underperformance. Citi's new top picks include CATL, MMG, CMOC, CHALCO, GANFENGLITHIUM, and HUNAN YUNENG, with varying short selling ratios and price changes.

AASTOCKS News

Yuneng New Energy

Penghua Guozheng Non-ferrous Metal Industry ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Guotai CSI Non-ferrous Metal ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

Hwabao WP CSI Non-ferrous Metal ETF

Yinhua CSI Non-ferrous Metal ETF

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Citi Adjusts Commodity Preference Ranking, Tops Copper; New Top Picks Include CATL , MMG , CMOC , CHALCO , GANFENGLITHIUM

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UBS has raised its 2026 lithium price forecast by 18% due to strong demand for battery energy storage systems and electric vehicles, driven by rising energy prices and conflicts in the Middle East. The global lithium demand is expected to grow 16% YoY to 1.97 million tonnes, with EV batteries accounting for 53%. UBS also slightly increased its supply forecast, predicting a shortfall of 65,000 tonnes. Investment ratings and target prices for TIANQI LITHIUM and GANFENG LITHIUM have been adjusted accordingly.

UBS Group AG

Qinghai Yanhu Industry

UBS Raises 2026 CN Lithium Price Forecast by 18%, Lifts TPs for GANFENGLITHIUM , TIANQI LITHIUM

Ganfeng Lithium Group Co., Ltd. has confirmed that its 2025 annual general meeting will take place on May 20, 2026, in Xinyu, Jiangxi Province. The agenda now includes a special resolution regarding guarantees to Hong Kong Luyuan, which may impact the company's financial commitments. A supplemental proxy form has been introduced to clarify voting procedures. The latest analyst rating for Ganfeng Lithium (HK:1772) is a Sell, with a price target of HK$60.00. The company specializes in lithium products for batteries and new energy applications, with a market cap of HK$195.9B.

Tip Ranks

Ganfeng Lithium Adds Guarantee Proposal to 2025 AGM Agenda

G Sachs forecasts that the future lithium cycle will be driven by demand, with lithium carbonate prices expected to peak at RMB164,000 (approx. USD21,000) in 1H26. A supply surplus of 20-22% is anticipated in 2H26 and 2027, despite a tight market in early 2026. The report highlights significant growth in energy storage systems and electric vehicles as crucial for sustaining the lithium upcycle. Additionally, supply disruptions in Zimbabwe could impact availability in 2027. GANFENGLITHIUM and TIANQI LITHIUM have had their target prices raised but maintain a 'Sell' rating.

Goldman Sachs

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G Sachs: Future Lithium Cycle to Be Demand-led, Expects Lithium Carbonate Prices to Peak in 1H26

GANFENGLITHIUMshares rose 5.34% to HKD87.75, with a turnover of HKD355 million. JPMorgan reported a net profit of RMB1.84 billion for 1Q, up 16% QoQ and 616% YoY, aligning with previous guidance. This profit represents 36% and 37% of JPM's and market consensus for FY2026 earnings. Despite expected earnings growth, rising spodumene prices may pressure margins, and supply uncertainties could increase volatility. JPM maintains a Neutral rating with a target price of HKD70 for the stock.

JPMorgan Chase

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JPMorgan Chase & Co.

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GANFENGLITHIUM  Rises 5%; JPM: 1Q Profit In Line

Goldman Sachs analyst Trina Chen has reaffirmed a Sell rating on Ganfeng Lithium Co (GNENF), setting a price target of HK$60.00. Chen, a 4-star analyst with a 58% success rate, reports that the consensus on Ganfeng Lithium is a Moderate Buy with an average price target of HK$72.00. Chen also covers other stocks in the Basic Materials sector.

CR BLDG MAT TEC

Goldman Sachs Reaffirms Their Sell Rating on Ganfeng Lithium Co (GNENF)

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