Rike Chemical (300214.SZ): Plans to acquire a 70.75% stake in Genyuan New Materials, adding a new business segment in electrolyte materials for new energy batteries.
Gelonghui, July 10 — Richem Chemical (300214.SZ) announced that Richem Chemical intends to acquire 70.75% of the shares of the target company from 27 shareholders of Shandong Genyuan New Materials Co., Ltd., including Tan Yejun, CATL, Chuangying New Energy, Wendeng State Investment, and Qingmu Investment, through a combination of share issuance and cash payment. Additionally, the company plans to issue shares to raise accompanying funds from no more than 35 qualified specific investors. Target asset name: Shandong Genyuan New Materials Co., Ltd. Prior to the completion of this transaction, the listed company’s primary business focused on the research and development, production, and sales of plastic and rubber additives. Upon completion of this transaction, the listed company will add new energy-related businesses.
Steady Oil Prices, Rising Tech Shares Lift Asian Stock Markets
Zhitong Hong Kong Stock Short Position Holding Statistics | July 10
WisdomTong Hong Kong Short Position Holding | July 10
Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2
Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;
ZHITONG AH Statistics | July 10
AH Statistics | July 10
Hong Kong Stock Market Alert | CATL (03750) Drops Nearly 9% in Final Trading Session as Major NEV Makers Adjust Battery Procurement Strategies, Introducing Second-Tier Battery Suppliers
CATL (03750) fell nearly 9% in the final trading session, and as of this report, it was down 7.92% at HK$587, with a turnover of HK$3.036 billion.
Hong Kong Stock Market Movement | Lithium Battery-Related Stocks Decline Again as New Capacity Comes Online, Undermining Market Expectations of Strong Demand
Lithium battery-related stocks declined again. As of the time of writing, CATL (03750.HK) fell 6.82% to HK$594; Tianqi Lithium (09696.HK) dropped 4.15% to HK$33.76; China Aviation Lithium Battery (CALB) (03931.HK) decreased by 3.17% to HK$21.4; Ganfeng Lithium (01772.HK) slipped 3.16% to HK$41.72; and Longpan Tech (02465.HK) declined 3.08% to HK$10.06.
Foreign investors hit a record high buying A-shares! They have most recently increased holdings in these companies.
Six stocks recorded net purchases exceeding RMB 10 billion.
Northbound capital's holdings increased by RMB 540 billion in market value in the second quarter.
Gelonghui, July 10 — Shareholding data for the Shanghai and Shenzhen Stock Connect programs for Q2 2026 was released on July 8. According to the statistics, as of June 30, northbound capital held shares in 3,958 individual stocks, totaling approximately 107.846 billion shares, an increase of 3.907 billion shares compared to the end of Q1. Based on share prices at the end of Q2, the total market value of northbound capital’s holdings amounted to approximately RMB 3.13 trillion, up by RMB 543.037 billion from RMB 2.58 trillion at the end of Q1 2026. Data on heavily weighted holdings shows that, as of the end of Q2 2026, CATL was the top holding of northbound capital, followed by Zhongji Xuchuang and Bei
ZHITONG AH Statistics | July 9
AH Statistics | July 9
Hong Kong Market Moves | Lithium battery-related stocks decline across the board amid market expectations of increased lithium supply following the resumption of production at Jianxiawo and the commissioning of West Africa's largest lithium mine.
Shares of lithium battery-related stocks fell across the board. As of the time of writing, China Aviation Lithium Battery (03931) declined 5.91% to HK$21.64; Longpan Technology (02465) dropped 6.09% to HK$10.48; Tianqi Lithium (09696) fell 5.01% to HK$34.54; and Ganfeng Lithium (01772) decreased 2.19% to HK$42.84.
Goldman Sachs initiates CATL (03750.HK) with a 'Buy' rating, citing strong potential in energy storage system integration.
Goldman Sachs published a research report initiating coverage of CATL (03750.HK) with a “Buy” rating and an H-share price target of HK$946. The report notes that while the market generally views energy storage as an opportunity for volume growth, Goldman Sachs believes that integrated energy storage systems will be the key driver of CATL’s next phase of value creation—enabling gross margin expansion, generating high-margin recurring service revenue, and supporting a re-rating of its valuation. Goldman Sachs forecasts that integrated energy storage systems, including both DC and AC solutions, will increase their share of CATL’s total energy storage shipments from approximately 33% in 2025 to nearly 66% by 2030, driving up energy storage gross margins from
Express News | Goldman Sachs resumed coverage of CATL's A-shares with a Buy rating and a target price of RMB 566.
Hong Kong Market Close (07.08) | Hang Seng Index Rises 2.99% to Reclaim 24,000; Tech Stocks Surge Collectively, Alibaba-W (09988) Jumps 12%
Hong Kong stocks rose across the board today, boosted by technology and internet shares, with the Hang Seng Index successfully surpassing the 24,000 mark and the Hang Seng Tech Index surging nearly 5%.
ZHITONG AH Statistics | July 8
AH Statistics | July 8
Hong Kong Stock Market Movement | Lithium carbonate price rebound fizzles out; lithium battery-related stocks decline, with Ganfeng Lithium down nearly 7%
Gelonghui, July 8 | Lithium battery-related stocks in the Hong Kong market declined collectively, with Longpan Technology falling more than 13%, Tianqi Lithium and Senior Material each dropping over 7%, Ganfeng Lithium declining nearly 7%, and CATL down 4%. According to analysis by Kouzi APP, an AI-powered financial investment assistant, the most immediate trigger for the sell-off in lithium battery-related stocks was the recent collapse of the lithium carbonate price rebound. The price of the main lithium carbonate futures contract has fallen from above RMB 200,000 per tonne in May to below RMB 160,000 per tonne currently. The market had previously speculated on a 'return to tight supply-demand balance,' but prices failed to hold, disproving the narrative of rising prices. Additionally, there are reports indicating that CATL
Hong Kong Innovation, Technology and Industry Bureau: Over the past five years, more than ten mainland China-based new energy vehicle supply chain companies have listed in Hong Kong, raising approximately HK$120 billion.
Professor Sun Dong stated that over the past five years, more than ten mainland companies related to the new energy vehicle industry chain have listed in Hong Kong, raising approximately HK$120 billion.
Les Inscriptions À L'IAA MOBILITY 2027 Sont Désormais Ouvertes - Une Demande Record - Plus De La Moitié De La Surface D'exposition Est Déjà Réservée
Market Chatter: CATL Receives Safety Permit for Jianxiawo Lithium Mine
Reviewing new energy in 2021, what stage has AI reached?
When Will the Turning Point Arrive? Two Signals Warrant Caution