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Fubao Info battery carbonate spot basis index -2,185 yuan/ton (+270). Battery-grade lithium carbonate 159,850 yuan/ton (-850); industrial-grade (composite) 157,450 yuan/ton (-600); premium battery-grade 160,850 yuan/ton (-850). Lithium hydroxide inde

2026-07-08

Fubao Info battery carbonate spot basis index -2,185 yuan/ton (+270). Battery-grade lithium carbonate 159,850 yuan/ton (-850); industrial-grade (composite) 157,450 yuan/ton (-600); premium battery-grade 160,850 yuan/ton (-850). Lithium hydroxide index 145,833.33 yuan/ton (-500). Metallic lithium index 1,065,000 yuan/ton (unchanged). Fubao brine lithium (lithium sulfate) discount factor 76% (unchanged).

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2026-07-07

Huatong Cable shares hit the daily upper limit yesterday and the lower limit today. On July 6 reports said the company's Angola electrolytic aluminum Phase II project was accelerating; market participants flagged a significant inventory build in 2025

Huatong Cable shares hit the daily upper limit yesterday and the lower limit today. On July 6 reports said the company's Angola electrolytic aluminum Phase II project was accelerating; market participants flagged a significant inventory build in 2025 and large working-capital tied up in copper and aluminum. Huatong said “accelerating” was not the company's wording and the project is progressing as planned. The company said it prepays for copper and aluminum while Downstream collections are cyclical, calling this an industry-wide feature. Copper and aluminum account for roughly 90% of total costs; Huatong said it will pass raw-material price increases downstream but repricing cycles vary by region and customer. It also cited exposure to higher shipping costs, raw-material price swings and foreign-exchange volatility from its overseas business.
2026-07-08

The Hang Seng Tech Index extended its gains to 5% in the afternoon, while the Hang Seng Index rose 3.10%. Technology and chip stocks continued to strengthen, with Zhipu (02513.HK) rising over 14%, Alibaba (09988.HK) rising over 12%, Lenovo Group (009

The Hang Seng Tech Index extended its gains to 5% in the afternoon, while the Hang Seng Index rose 3.10%. Technology and chip stocks continued to strengthen, with Zhipu (02513.HK) rising over 14%, Alibaba (09988.HK) rising over 12%, Lenovo Group (00992.HK) rising over 8%, Kuaishou (01024.HK) and SenseTime (00020.HK) rising over 7%, and Xiaomi Group (01810.HK) rising over 8%.
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