$LIT - Lithium's Correlated Movement with China's Stock Market
$Global X Lithium & Battery Tech ETF(LIT)$ - Lithium's Correlated Movement with China's Stock Market
As China as grown to become the largest EV adopter and consumer markets, automakers like $Li Auto(LI)$ $LI AUTO-W(02015)$ $XPeng Inc.(XPEV)$ $XPENG-W(09868)$ $NIO Inc.(NIO)$ $NIO-SW(09866)$ ZK (and over 500 other peers that are not listed in US) has already experience a surge in share price last month, driving a significant increase in LIT.
Here are 9 of the US listed LIT holdings;
$Sociedad Quimica Y Minera De Chile SA(SQM)$ $EnerSys(ENS)$ $Sigmatron(SGMA)$ $LITHIUM AMERICAS ARGENTINA CORP(LAAC)$ $Affiliated Managers(AMG)$ $Piedmont Lithium Ltd(PLL)$ $Albemarle(ALB)$ $Tesla Motors(TSLA)$ $Lucid Group Inc(LCID)$
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