Hong Kong Market Snapshot | The three major indices moved mixed, with the Hang Seng Index down 0.37%; southbound capital recorded a net outflow exceeding HK$8.6 billion. Semiconductor stocks gained strength, with Tianshu Zhixin rising over 11%, while oil

Technology and internet stocks rose collectively, with Tencent up 1.52% and Alibaba down 1.43%; most oil stocks declined, as Yanchang Petroleum International gained 4.69% while PetroChina fell 4.58%; building materials stocks strengthened, with China National Building Material surging 14.51% and Dongwu Cement rising 3.66%;

Futu News16:18

Hong Kong-listed lithium battery stocks strengthened, with Tianqi Lithium and Ganfeng Lithium rising more than 4%.

Gelonghui, June 9 | Lithium battery-related stocks in the Hong Kong market rose collectively, with China Graphite up over 8%, Cangk New Energy up over 5%, Tianqi Lithium and Ganfeng Lithium each rising over 4%, and Longpan Technology gaining nearly 4%.

Gelonghui Finance15:28

Hong Kong Stock Market Movement | Lithium Mining Stocks Rally Intraday; Tianqi Lithium (09696) and Ganfeng Lithium (01772) Rise Over 5%

Lithium mining stocks rose during trading. As of the time of writing, Tianqi Lithium (09696.HK) was up 5.11% at HK$45.24, while Ganfeng Lithium (01772.HK) gained 5.28% to HK$56.85.

Zhitong Finance15:03

Express News | Lithium mining stocks rebounded amid volatility, with Shengxin Lithium Energy hitting the daily trading limit.

Breakings14:27

Ganfeng Lithium: The company's current energy storage business is operating at full production capacity with all output sold, and demand has not yet been fully unleashed.

Ganfeng Lithium stated at an analyst conference on June 8 that demand in the energy storage market remains robust, with clear orders from overseas clients. Lithium prices have recently corrected, and with the traditional peak season for the industry approaching in the second half of the year—alongside the commercialization of large-format cells driving down system costs—the sector’s profitability and cost-effectiveness are expected to continue improving. The company’s energy storage business is currently operating at full capacity with all output sold, and demand has yet to be fully realized. Once additional capacity comes online in the second half of the year, it will further boost demand for lithium resources. Industry overcapacity pressures are expected to gradually ease, steering the market toward a more rational trajectory.

Gelonghui FinanceJun 8 21:30

Express News | Ganfeng Lithium: Energy Storage Cells Operating at Full Capacity and Fully Sold; 588Ah Production Line to Begin Ramp-up in Q3

BreakingsJun 8 20:20