HK Stock Market Move | Lithium stocks continued to rise, with Ganfeng Lithium Group (01772) rising by over 5% and Tianqi Lithium Corporation (09696) rising by over 4%.

Lithium stocks continued to rise. As of the time of writing, Ganfeng Lithium Group (01772) rose by 5.28% to 56.8 Hong Kong dollars, while Tianqi Lithium Corporation (09696) rose by 4.23% to 54.15 Hong Kong dollars. In terms of news, this morning, lithium carbonate futures contract 2605 rose by 4% at one point, reaching a high of 118580 yuan/ton. The Lithium Industry Branch of the China Nonferrous Metals Industry Association released the operating conditions of the lithium industry in November 2025. In November 2025, the price of lithium carbonate futures gradually increased, with increasing fluctuations. The third-quarter performance of lithium enterprises rebounded, and the market has optimistic expectations for future lithium prices. On the supply side, market inventories are gradually accelerating clearance, disruptions from the lithium ore of Contemporary Amperex Technology are still ongoing, lithium salt production has slightly decreased, lithium spodumene production has slightly increased, and lithium mica production has slightly decreased. On the demand side, new energy vehicles are rushing to sell before subsidies are reduced, and energy storage is performing well.