On August 26, TIANQI LITHIUM rose 3.14% in regular trading, trading at 37.54 HKD/share, with turnover of approximately 70.02 million HKD.
On the news front, the company's board is scheduled to review interim results on August 27, with first-half net profit attributable to shareholders expected to reach 2.85 billion to 4.25 billion yuan, representing year-over-year growth of 3,276% to 4,935%, signaling a significant earnings recovery. Additionally, JPMorgan recently raised its H-share holding from 10.18% to 11.17%, delivering a clear institutional accumulation signal.
Lithium carbonate futures main contract has risen over 15% cumulatively since August, with spot battery-grade lithium carbonate quoted above 151,000 yuan per ton, supported by a tight supply-demand dynamic. Peer GANFENG LITHIUM gained 3.15% on the same day, with the broader sector maintaining strength.
(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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