Ganfeng Lithium's Earnings Likely to Rise -- Market Talk

Dow Jones01-29

0135 GMT - Ganfeng Lithium's earnings are likely to rise as lithium prices improve, say DBS Group Research analysts in a note. The Chinese lithium company swung to a profit in 2025 due to higher lithium prices and fair-value gains from stock investments. They expect prices for the metal to remain high on tight supply due to strong battery demand. Ganfeng's earnings should benefit from higher product prices and margins and increased contribution from its battery and energy storage businesses, they add. DBS raises its target price on its Shenzhen-listed shares to CNY92 from CNY45 and on its Hong Kong-listed shares to HK$83 from HK$39. The bank maintains a buy rating on Ganfeng. Its Shenzhen shares were last at CNY74.36, while its Hong Kong shares were at HK$68.70. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

January 28, 2026 20:35 ET (01:35 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

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