HK Stock Market Move | Tianqi Lithium Corporation (09696) rose more than 5% in the third quarter, turning a loss into a profit of 95.48 million yuan.

Tianqi Lithium Corporation (09696) rose more than 5%, as of the time of publication, it rose by 5.17% to HKD 47.98, with a turnover of HKD 163 million. On the news front, Tianqi Lithium Corporation announced its performance for the first three quarters of 2025, with operating income of approximately RMB 7.397 billion, a decrease of 26.5% year-on-year; net profit attributable to shareholders of listed companies was approximately RMB 180 million, an increase of 103.16% year-on-year. In the third quarter, revenue was RMB 2.565 billion, a decrease of 29.66% year-on-year; net profit was RMB 95.485 million, an increase of 119.26% year-on-year. The announcement pointed out that although the selling price of lithium products decreased year-on-year, the mismatch in timing between the pricing mechanism of Talison lithium concentrate, a subsidiary of the company, and the pricing of lithium chemical products significantly weakened the impact; the performance of the joint venture company SQM is expected to increase significantly, driving an increase in investment income year-on-year; the strengthening of the Australian dollar led to an increase in exchange gains.