GANFENGLITHIUM (01772.HK) saw its stock price surge by 5.60% in early trading on Friday, following news of a successful share placement and a significant share transfer. The lithium producer's shares have attracted substantial investor interest, reflecting growing confidence in the company's prospects.

The company recently announced the completion of a share placement on September 2, 2025, where it successfully issued 40.0256 million new H shares at HK$29.28 per share. The placement, which represents 9.02% of the enlarged issued H shares, was made to at least six independent professional or institutional investors, indicating strong market demand for GANFENGLITHIUM's equity.

Adding to the positive sentiment, a major share transfer was reported on September 4th. Shareholders of GANFENGLITHIUM transferred shares worth HK$525 million, representing 3.89% of total shares, from BNP Paribas to Citibank. This move suggests growing institutional interest in the company, potentially driving the stock's impressive performance in today's trading session. As the global demand for lithium continues to rise, investors appear to be positioning themselves to capitalize on GANFENGLITHIUM's market position in this critical sector.