Corporate News: Ganfeng Lithium Group Co Ltd (1772.HK)
Trading Performance
- Closing price: HKD 21.74 at 02:59 PM Central Europe on Thursday 22 April 2026.
- Price change: Down 3.6 % over the 24‑hour period.
- Volume: HKD 432.1 million of shares traded.
- Market capitalization: HKD 82.4 billion.
- Shares outstanding: 3.70 billion.
- Year‑to‑date performance: Down 32.57 % since the end of March.
Technical Indicators
- 200‑day simple moving average: HKD 54.5.
- 52‑week high: HKD 91.2 (08 May 2026).
- 52‑week low: HKD 22.24 (21 October 2026).
Sector Context
On the same trading day, lithium‑sector stocks in both mainland China and Hong Kong experienced a broad sell‑off. The rally that had driven lithium prices higher earlier in the year was tempered by declining spot and futures prices. Key producers—including Ganfeng Lithium Group, Tianqi Lithium, and CATL—reported strong earnings for the first three quarters; however, the earnings gains were offset by the drop in lithium prices and a perceived slowdown in downstream demand. Consequently, the stocks of these companies fell sharply, with Ganfeng and Tianqi seeing their prices cut by more than thirty percent against year‑to‑date highs, while CATL experienced a similar decline in both A‑share and H‑share markets.
Analysts note that the price environment and supply‑side adjustments are likely to maintain volatility in the lithium industry sector for the near term.
Peer Performance (Last 24 Hours)
| Company | Ticker | Price Change | Current Price | Market Capitalisation | P/E Ratio |
|---|---|---|---|---|---|
| Henan Shuanghui Investment | 000895.SZ | 0 % | CNY 23.63 | CNY 82.9 bn | 16.1 |
| Zhejiang Sanhua Intelligen‑h | 2050.HK | –1.49 % | HKD 21.26 | HKD 96.1 bn | 20.47 |
| Wuxi Xdc Cayman | 2268.HK | +0.4 % | HKD 68.9 | HKD 96.1 bn | 59.15 |
| Longi Green Energy Technol | 601012.SS | 0 % | CNY 11.16 | CNY 82.8 bn | – |
| Zhejiang Nhu | 002001.SZ | 0 % | CNY 24.96 | CNY 80.7 bn | 10.96 |
Company Profile
The Ganfeng Lithium Group Co Ltd is a materials company headquartered in Xinyu, China. It specializes in the research, production, and export of lithium products, including lithium metal, lithium aluminum hydride, lithium fluoride, lithium chloride, and other lithium compounds. The company went public on August 10 2010 and is listed on the Hong Kong Stock Exchange. More information is available on its website: www.ganfenglithium.com .