Ganfeng Lithium Could Get Further Boost From Higher Selling Prices -- Market Talk

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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)

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April 16, 2026 22:57 ET (02:57 GMT)

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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. 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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) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 16, 2026 22:57 ET (02:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1129","symbol_name":"特种化学制品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2628422910","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628422910","pubTimestamp":1776394620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. 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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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 16, 2026 22:57 ET (02:57 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}