The Zhitong Finance App learned that lithium battery concept stocks fell collectively. As of press release, Ganfeng Lithium (01772) fell 5.09% to HK$38.42; Ningde Times (03750) fell 4.14% to HK$567.5; Tianqi Lithium (09696) fell 4.10% to HK$36.04; and China Airlines (03931) fell 3.64% to HK$16.43.
According to the news, the Ministry of Commerce and three other departments jointly issued the “Guidelines for Overseas Competitive Conduct and Compliance Construction in the Automobile Industry” to guide car companies to standardize overseas market behavior, raise the level of multinational business compliance, and help the healthy internationalization of the automobile industry. Analysts believe that as car companies expand overseas markets and continue to promote channel construction and enrich product matrices, the scale of Chinese brands going overseas will accelerate towards standardized development.
It is worth noting that the Yichun Municipal Bureau of Ecology and Environment issued an explanation on August 26. Due to public doubts about the construction unit's initial public announcement website, the proposed announcement was withdrawn and announced separately after the requirements were met. Fangzheng Securities believes that the back-and-forth of approval at the Jianxiawo lithium mine reflects the many disputes faced by the project. After the EIA acceptance announcement was withdrawn, the resumption of production in Jianxiawo will be moved back again. We think the project may have less impact on lithium supply in '26.