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Quick look at the Hong Kong market | The Hong Kong stock market continues to decline in the afternoon, with all three major indices falling over 2%; The drops in the tech, Autos, and Mainland Real Estate sectors have widened, with SUNAC down over 8%, Xpen
Network Technology stocks fell, MEITUAN-W dropped 3.73%, NTES-S fell 2.90%; most Alcoholic Beverages stocks declined, GRACEWINE dropped 9.36%, TIBET WATER rose 7.69%; most semiconductor stocks declined, SHEEN TAI rose 5.82%, HG SEMI fell 5.00%;
GANFENGLITHIUM (002460.SZ): The high specific energy battery developed by the company in Solid State Battery technology achieves an energy density of 420Wh/kg.
On December 13, Glonghui reported that GANFENGLITHIUM (002460.SZ) stated on its investor interaction platform that the high energy density battery developed in the Solid State Battery field achieves an energy density of 420Wh/kg and a cycle life of over 700 times, and has also developed a sample with an energy density of 500Wh/kg, which can withstand stringent safety tests such as a 200°C thermal box and puncture.
GANFENGLITHIUM (002460.SZ): The third generation Solid State Battery will consider using a sulfide route.
On December 13, Gelonghui reported that GANFENGLITHIUM (002460.SZ) stated on the investor interaction platform that the company's current first-generation and second-generation solid-liquid hybrid batteries adopt the oxide route, and the third generation Solid State Battery will consider using the sulfide route.
Hong Kong stocks fluctuation | The decline of Nonferrous Metals stocks has expanded as the rising dollar pressures the Nonferrous Metals Industry, entering a high volatility phase.
The decline in non-ferrous stocks has widened. As of this report, LINGBAO GOLD (03330) is down 5.42% at 2.79 HKD; GANFENGLITHIUM (01776) is down 4.42% at 21.6 HKD; CMOC Group Limited (03993) is down 4.26% at 5.62 HKD.
Lithium stocks are under pressure, GANFENGLITHIUM (01772) fell by 4.65%, and Institutions indicate that lithium prices may be difficult to maintain recent highs.
Jingu Financial News | Lithium stocks are under pressure, as of the time of publication, GANFENGLITHIUM (01772) is down 4.65% and Tianqi Lithium Corporation (09696) is down 3.21%. In terms of news, Daiwa Capital Markets stated in a research report to clients that the Global lithium supply is expected to grow by 12-28% from 2025 to 2026 due to increased production in key regions such as Argentina, Australia, and Africa. However, the team warned that due to oversupply, lithium prices may still face pressure. Currently, China's LCE (lithium carbonate
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;