0257 GMT - Ganfeng Lithium's positive 1Q profit alert, driven by a surge in the average selling price of lithium carbonate, aligns with expectations, Citi analyst Jack Shang says in a note. The bank, which maintains its buy rating and HK$66.70 stock target price, says there is a risk of lithium prices skewing higher given strong on-the-ground demand and on-and-off supply disruptions. The stock is down 0.8% at HK$83.50. (venkat.pr@wsj.com)
(END) Dow Jones Newswires
April 16, 2026 22:57 ET (02:57 GMT)
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