On June 5, CALB Group fell 5.23% in regular trading, trading at HKD 27.2 per share, with trading volume of HKD 98.92 million, extending its recent downward trajectory.
On the news front, lithium battery concept stocks came under broad-based selling pressure as lithium carbonate prices continued to decline. The lithium carbonate futures main contract broke below the RMB 170,000 per tonne level, while warehouse receipts surged to 56,000 tonnes — a record high — as hidden inventory accelerated its shift to visible supply, further suppressing market sentiment. Institutions noted that with Zimbabwe ore arrivals increasing and domestic salt lakes entering seasonal peak production, supply-side pressure is intensifying, while downstream demand growth is losing momentum as the energy storage grid-connection deadline approaches and cell manufacturers wind down pre-stocking activities.
Sector peers also declined notably, with CATL falling 5.21%, Ganfeng Lithium dropping 5.37%, and Tianqi Lithium losing 4.42% on the same session, reflecting sector-wide de-rating amid worsening upstream pricing dynamics.
(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.)
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