Movement Alert｜GANFENGLITHIUM Falls 3.01% in Regular Trading, Profit-Taking After Prior Sessions 10%+ Surge Amid Lithium Carbonate Price Pressure

Market Focus07-24

On July 24, GANFENGLITHIUM declined 3.01% in regular trading, trading at HKD 39.8/share, with turnover of HKD 81.79 million. The stock retreated following an over 10% surge in the prior session on its H shares and a 7.93% gain on its A shares, triggering evident short-term profit-taking pressure.

On the news front, three government departments confirmed that a 2% consumption tax on lithium batteries will take effect starting September, prompting downstream buyers to slow procurement and further suppressing lithium salt demand expectations. Although the company's H1 earnings preview showed net profit of RMB 3.65 billion to RMB 4.6 billion, representing a turnaround from losses, Q2 sequential growth decelerated notably, with quarter-over-quarter profit change ranging from -1.3% to +50.4%. The positive earnings catalyst appears largely priced in. Peer TIANQI LITHIUM fell 1.34% on the same day, with the broader sector trending weak.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1156258225?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 09:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1156258225","market":"us","top_or_hot":-1,"title":"Movement Alert｜GANFENGLITHIUM Falls 3.01% in Regular Trading, Profit-Taking After Prior Sessions 10%+ Surge Amid Lithium Carbonate Price Pressure","media":"Market Focus","content":"<p><p>On July 24, GANFENGLITHIUM declined 3.01% in regular trading, trading at HKD 39.8/share, with turnover of HKD 81.79 million. The stock retreated following an over 10% surge in the prior session on its H shares and a 7.93% gain on its A shares, triggering evident short-term profit-taking pressure.</p><p>On the news front, three government departments confirmed that a 2% consumption tax on lithium batteries will take effect starting September, prompting downstream buyers to slow procurement and further suppressing lithium salt demand expectations. Although the company's H1 earnings preview showed net profit of RMB 3.65 billion to RMB 4.6 billion, representing a turnaround from losses, Q2 sequential growth decelerated notably, with quarter-over-quarter profit change ranging from -1.3% to +50.4%. The positive earnings catalyst appears largely priced in. Peer TIANQI LITHIUM fell 1.34% on the same day, with the broader sector trending weak.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜GANFENGLITHIUM Falls 3.01% in Regular Trading, Profit-Taking After Prior Sessions 10%+ Surge Amid Lithium Carbonate Price Pressure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜GANFENGLITHIUM Falls 3.01% in Regular Trading, Profit-Taking After Prior Sessions 10%+ Surge Amid Lithium Carbonate Price Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-24 09:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 24, GANFENGLITHIUM declined 3.01% in regular trading, trading at HKD 39.8/share, with turnover of HKD 81.79 million. The stock retreated following an over 10% surge in the prior session on its H shares and a 7.93% gain on its A shares, triggering evident short-term profit-taking pressure.</p><p>On the news front, three government departments confirmed that a 2% consumption tax on lithium batteries will take effect starting September, prompting downstream buyers to slow procurement and further suppressing lithium salt demand expectations. Although the company's H1 earnings preview showed net profit of RMB 3.65 billion to RMB 4.6 billion, representing a turnaround from losses, Q2 sequential growth decelerated notably, with quarter-over-quarter profit change ranging from -1.3% to +50.4%. The positive earnings catalyst appears largely priced in. Peer TIANQI LITHIUM fell 1.34% on the same day, with the broader sector trending weak.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01772","symbol_name":"赣锋锂业","start_time":0,"source_url":"","article_id":"1156258225","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156258225","pubTimestamp":1784857322,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 24, GANFENGLITHIUM declined 3.01% in regular trading, trading at HKD 39.8/share, with turnover of HKD 81.79 million. The stock retreated following an over 10% surge in the prior session on...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01772":"赣锋锂业"},"translate_title":"走势提醒|赣锋锂业常规交易下跌3.01%，前几个交易日在碳酸锂价格压力下飙升10%以上后获利了结","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01772":1},"content_text":"On July 24, GANFENGLITHIUM declined 3.01% in regular trading, trading at HKD 39.8/share, with turnover of HKD 81.79 million. The stock retreated following an over 10% surge in the prior session on its H shares and a 7.93% gain on its A shares, triggering evident short-term profit-taking pressure.On the news front, three government departments confirmed that a 2% consumption tax on lithium batteries will take effect starting September, prompting downstream buyers to slow procurement and further suppressing lithium salt demand expectations. Although the company's H1 earnings preview showed net profit of RMB 3.65 billion to RMB 4.6 billion, representing a turnaround from losses, Q2 sequential growth decelerated notably, with quarter-over-quarter profit change ranging from -1.3% to +50.4%. The positive earnings catalyst appears largely priced in. Peer TIANQI LITHIUM fell 1.34% on the same day, with the broader sector trending weak.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1156258225","isCrawlerRequest":true}