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| HSI1 | 26,487.48 | +126.41 | 205.18B |
| HSCEI1 | 8,943.54 | +44.48 | 57.57B |
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2026-04-21 11:17:39 TIANQI LITHIUM (09696.HK) issued a profit alert forecasting 1Q26 net profit to be RMB1.7-2 billion, benefiting from a surge in lithium price YTD and a significant increase in investment income from SQM, Citi Research issued a research report saying. The broker believed that the better-than-expected results were mainly due to inventory gains. As of the end of 2025, the Company had approx. 206,000 tonnes of lithium concentrate inventory and 7,400 tonnes of lithium compound inventory. Considering strong end-market demand and occasional supply-side disruptions, Citi Research projected lithium prices to retain upside risk in the future, and now kept rating at Buy on TIANQI LITHIUM, with a target price of $61, equivalent to a forecasted PB ratio of 1.82x for 2026. ~ AASTOCKS Financial News Website: www.aastocks.com | |