Significant Drop in Ganfeng Lithium and Other Lithium Mining Stocks Amid Lithium Carbonate Futures Decline and Trading Fee Adjustments
Ganfeng Lithium shares plummeted between 6.19% to 8% in Hong Kong trading, alongside Tianqi Lithium and CATL, following a sharp decline in lithium carbonate futures prices and adjustments in trading fees by GFEX. The market reaction reflects concerns over the lithium sector's near-term outlook, impacting major lithium mining stocks significantly.