HK Stock Market Move | Ganfeng Lithium Group (01772) rose over 7% as it was reported that the company is in deep discussions with LG Chem regarding the acquisition of a portion of the equity in the Wodgina lithium mine.

13:46 21/08/2026

Ganfeng Lithium (01772) rose over 7%. As of the time of publication, it increased by 7.22%, trading at HKD 40.1, with a transaction volume of HKD 701 million.

Ganfeng Lithium Group (01772) rose over 7%, with an increase of 7.22% to HKD 40.1, and a transaction volume of HKD 701 million as of the time of publication. In terms of news, recently, market media quoted informed sources stating that Ganfeng Lithium Group is in deep negotiations with LG Chem regarding the acquisition of a partial stake in the Wodgina lithium mine, which is owned by Mineral Resources (MinRes). In addition to these two companies, Japan's Mitsui & Co. and domestic power battery leader Contemporary Amperex Technology have also shown strong investment interest in this lithium mine asset. The core demand from all parties is to secure a long-term stable supply of upstream lithium raw materials, reinforcing their resource layout in the upstream supply chain of the lithium battery industry. It is reported that the Wodgina lithium mine is located in the Pilbara region of Western Australia, about 100 kilometers south of Hedland Port. It is the world's largest hard rock lithium deposit. The overall estimated valuation of the project is AUD 4 billion, equivalent to USD 3 billion. With the advantage of its location near Australia's core port, the logistics and transport conditions for lithium concentrates to be shipped overseas are very favorable.

HK Stock Market Move | BOC AVIATION (02588) fell over 5%, with its net profit after tax for the first half of the year increasing by 4% year-on-year, and it sold 8 of its own aircraft.

HK Stock Market Move | LYGEND RESOURCE (02245) rose over 10% in the afternoon. The company will release its performance results next week, having previously expected a net profit growth of 50% to 70% in the first half of the year.

HK Stock Market Move | JD INDUSTRIALS (07618) rose over 3%, with mid-term profits increasing by 37.2% year-on-year. The company's key customers continue to grow significantly.

HK Stock Market Move | BOC AVIATION (02588) fell over 5%, with its net profit after tax for the first half of the year increasing by 4% year-on-year, and it sold 8 of its own aircraft.

HK Stock Market Move | JD INDUSTRIALS (07618) rose over 3%, with mid-term profits increasing by 37.2% year-on-year. The company's key customers continue to grow significantly.