HK Stock Market Move | Jiangsu Lopal Tech. Group (02465) rises more than 8% as the market price of lithium iron phosphate increases, industry sentiment improves.

Jiangsu Lopal Tech. Group (02465) rose by more than 8%, reaching 8.31% as of the time of publication, trading at 12.78 Hong Kong dollars with a turnover of 2.41 billion Hong Kong dollars. On the news front, according to Baichuan Yingfu, China's current annual production capacity of lithium iron phosphate has reached 5.92 million tons, with a production volume of 390,000 tons in October 2025, an increase of 150,000 tons year-on-year and an increase of 40,000 tons month-on-month. By the end of October 2025, the market price of lithium iron phosphate is about 37,000 yuan/ton, with a month-on-month increase of 7%. Guosen stated that driven by downstream start-ups, demand for new energy materials such as lithium hexafluorophosphate and lithium iron phosphate containing phosphorus has significantly increased, and the industry's outlook is positive. Guosheng Securities pointed out that current lithium iron phosphate companies are maintaining high operating rates, mainly producing under long-term contracts. With the support of favorable demand and cost factors, there is potential for price hikes in the future.