Ganfeng Lithium (01772) sees HK$415 million share transfer, accounting for 3.57%, with 9.3482 million shares moved out of HSBC

Stock News11-11

According to the latest data from the Hong Kong Stock Exchange, Ganfeng Lithium Group Co.,Ltd. (01772) experienced a position change on November 10, with a total transfer value of HK$415 million, accounting for 3.57% of its shares.

The company's shareholder transferred 10.3118 million shares into Citibank while moving 9.3482 million shares out of Hong Kong and Shanghai Banking Corporation.

Ganfeng Lithium Group Co.,Ltd. (01772) reported a net profit attributable to shareholders of RMB 755 million in the third quarter of this year, up 35.62% year-on-year, but down 68% quarter-on-quarter from RMB 2.42 billion in the second quarter.

The decline was mainly due to a decrease in investment income from associates and joint ventures after lithium concentrate prices fell, while the company disposed of PLS shares in both the first and second quarters of 2026, generating investment income and creating a higher base in the second quarter.

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