On August 11, GANFENGLITHIUM fell 3.11% in regular trading, trading at HK$39.84 per share, with turnover of HK$229 million.

On the news front, Hong Kong Exchange disclosure data revealed that BlackRock reduced its long position in GANFENGLITHIUM H-shares from 7.45% to 6.74% as of August 5. Notably, BlackRock had previously increased its stake significantly to 8.62% on July 30, and the rapid reversal in positioning has heightened market volatility concerns. Additionally, JPMorgan had also trimmed its long position to 6.76%, with multiple international institutions adjusting their holdings simultaneously, exerting short-term pressure on the stock price.

The broader lithium mining sector traded under pressure, with peer Tianqi Lithium declining 1.96% in tandem. Within the Specialty Chemicals sector, DONGYUE GROUP fell 2.27%, TIANQI LITHIUM fell 2.01%, GLOBAL NEW MAT fell 2.41%, and HUABAO INTL fell 2.05%.

(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.)