On June 5, Tianqi Lithium fell 3.06% in regular trading, trading at HKD 44.1/share, with trading volume of HKD 46.18 million.

On the news front, lithium carbonate futures have declined over 20% in the past half month, while warehouse receipts on the Guangzhou Futures Exchange hit a record high, further dampening market sentiment. Additionally, CATL announced a large-scale reduction in its holdings of upstream lithium iron phosphate supplier Hunan Yuneng, adding pressure to the broader lithium battery sector. Morgan Stanley maintained a \"neutral\" rating on Tianqi Lithium with a target price of HKD 52, noting that short-term market sentiment is unlikely to reverse.

Within the Specialty Chemicals sector, peer Ganfeng Lithium fell 3.47% on the same day, while Dongyue Group declined 5.76%, reflecting broad sector weakness. Separately, Citi reiterated a \"buy\" rating on Tianqi Lithium with a target price raised to HKD 68, citing the company's pure-play positioning in the lithium value chain from upstream spodumene to downstream lithium carbonate.

(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.)