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Ganfeng Lithium's Earnings Per Share Likely to Rise Further -- Market Talk

Dow Jones
6 hours ago

0757 GMT - Ganfeng Lithium's earnings per share is likely to rise further this year as lithium prices increase, say DBS Group Research analysts in a note. The Chinese lithium producer is targeting its lithium self-supply to rise to around 70% in 2026 before growing to more than 85% in the next two to three years, the analysts note. It also aims to boost its lithium chemical production volume while advancing the commercialization of solid-state batteries, the analysts add. DBS raises its target prices for Ganfeng's Shenzhen-listed shares to 112 yuan from 92 yuan and for its Hong Kong-listed shares to HK$103 from HK$83. The A shares closed 0.5% higher at 85.18 yuan while the H shares add 1.7% to HK$84.65. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 11, 2026 03:57 ET (07:57 GMT)

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