On July 23, GANFENGLITHIUM rose 3.8% in regular trading, trading at 38.26 HKD/share with turnover of 80.27 million HKD, ending a nearly two-week declining streak.

On the news front, the Hong Kong Stock Exchange disclosed on July 22 that global asset management giant BlackRock further increased its holdings in GANFENGLITHIUM H shares on July 16, raising its stake from 8.26% to 9.26%. BlackRock had previously added positions on July 7 and July 13, with its holding ratio climbing from 6.99%. Additionally, JPMorgan Chase increased its holdings by approximately 1.3246 million shares on July 8 at an average price of 44.78 HKD per share, totaling approximately 59.32 million HKD.

The concentrated accumulation by international institutions provides support for shares that had been under sustained pressure due to declining lithium carbonate prices. Within the Specialty Chemicals sector, peer TIANQI LITHIUM rose 3.6% on the same day, with the lithium sector stabilizing broadly.

(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.)