Group 1 - The solid-state battery sector in Hong Kong stocks is experiencing a significant rally, with Longpan Technology rising over 10% [1] - Ruipu Lanjun, Ganfeng Lithium, and Tianqi Lithium have all seen increases of over 6% [1] - Zhongchuang Xinhang has also reported a rise of over 4% [1]

Core Viewpoint - Tianqi Lithium Industries experienced a 5.27% increase in stock price, reaching 56.95 CNY per share, with a trading volume of 1.573 billion CNY and a turnover rate of 1.92%, resulting in a total market capitalization of 93.466 billion CNY [1] Company Overview - Tianqi Lithium Industries, established on October 16, 1995, and listed on August 31, 2010, is located in Chengdu, Sichuan Province, China. The company specializes in the production and sales of lithium concentrate products and lithium compounds and their derivatives [1] - The revenue composition of Tianqi Lithium includes 50.54% from lithium compounds and derivatives, 49.25% from lithium ore, and 0.21% from other sources [1] Fund Holdings - Xinhua Fund has a significant holding in Tianqi Lithium, with its Xinhua Active Value Flexible Allocation Mixed A Fund (001681) holding 30,400 shares, accounting for 1.03% of the fund's net value, making it the fifth-largest holding [2] - The Xinhua Active Value Flexible Allocation Mixed A Fund was established on December 21, 2015, with a current size of 128 million CNY. Year-to-date returns are 10.2%, ranking 5934 out of 8145 in its category, while the one-year return is 17.06%, ranking 4084 out of 8059 [2] - The fund manager, Lin Zhai, has been in the position for 5 years and 310 days, with total assets under management of 715 million CNY. The best return during his tenure is 16.1%, while the worst is -5.55% [2]

每经AI快讯，11月13日，港股锂业股早盘走强，截至发稿，天齐锂业(09696.HK)涨4.76%，报53.9港 元；赣锋锂业(01772.HK)涨4.5%，报55.75港元。 ...

摩根大通电池分析师预计，在政策激励和电网级项目持续部署的支持下，2026年全球储能电池出货量将 同比增长30%，达到约770GWh。正是考虑到储能带来的额外14-16.5万吨碳酸锂当量(LCE)需求，摩根 大通才将其对锂市场的中期供需预测从过剩扭转为短缺。此外，中信建投（601066）表示，看好储能超 预期增长带来的锂电电池和材料端出货量和价格上修带来的机会。预计2026年国内、海外动力电池需求 分别同比+16%/20%，全球动力电池需求1559GWh，同比+17%。 锂业股早盘走强，截至发稿，天齐锂业（002466）(09696)涨4.76%，报53.9港元；赣锋锂业（002460） (01772)涨4.5%，报55.75港元。 消息面上，摩根大通在最新中国锂行业报告中，罕见地承认了此前的误判，并宣布将天齐锂业和赣锋锂 业的评级从"减持"上调至"中性"。此举标志着摩根大通对锂市场基本面的重大修正，摩根大通表示，核 心在于此前严重低估储能(ESS)市场的爆发性需求。摩根大通预计，全球锂市场在2025和2026年仍将面 临供应缺口。这一判断迫使该行将2026年锂价预测从人民币7万元/吨大幅上调至9万元/吨，涨幅 ...

摩根大通电池分析师预计，在政策激励和电网级项目持续部署的支持下，2026年全球储能电池出货量将 同比增长30%，达到约770GWh。正是考虑到储能带来的额外14-16.5万吨碳酸锂当量(LCE)需求，摩根 大通才将其对锂市场的中期供需预测从过剩扭转为短缺。此外，中信建投表示，看好储能超预期增长带 来的锂电电池和材料端出货量和价格上修带来的机会。预计2026年国内、海外动力电池需求分别同比 +16%/20%，全球动力电池需求1559GWh，同比+17%。 智通财经APP获悉，锂业股早盘走强，截至发稿，天齐锂业(09696)涨4.76%，报53.9港元；赣锋锂业 (01772)涨4.5%，报55.75港元。 消息面上，摩根大通在最新中国锂行业报告中，罕见地承认了此前的误判，并宣布将天齐锂业和赣锋锂 业的评级从"减持"上调至"中性"。此举标志着摩根大通对锂市场基本面的重大修正，摩根大通表示，核 心在于此前严重低估储能(ESS)市场的爆发性需求。摩根大通预计，全球锂市场在2025和2026年仍将面 临供应缺口。这一判断迫使该行将2026年锂价预测从人民币7万元/吨大幅上调至9万元/吨，涨幅近 30%。 ...

Group 1 - Ganfeng Lithium (01772.HK) increased by 4.96% [1] - Tianqi Lithium (09696.HK) rose by 4.87% [1] - Zhongchu Innovation (03931.HK) saw a gain of 1.11% [1] - Tianneng Power (00819.HK) experienced an increase of 0.86% [1]

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2][3] Group 1: Increased Holdings - Haotian International Construction (01341) saw the largest increase in holdings, up by 3.17% to 67.62% [1] - Ruipu Lanjun (00666) and Anjii Food (02648) also experienced notable increases of 0.95% and 0.93%, reaching 8.29% and 34.73% respectively [1] - Over the last five trading days, Haotian International Construction (01341) had a remarkable increase of 13.82% in holdings [2] Group 2: Decreased Holdings - Tianqi Lithium (09696) and Global Medical (02666) both experienced a decrease of 1.40% in holdings, now at 35.86% and 22.01% respectively [1] - New Tian Green Energy (00956) had the largest decrease over the last five trading days, down by 9.02% to 56.82% [2] - Longpan Technology (02465) and Zhongze Feng (01282) also saw significant reductions of 5.82% and 7.46% respectively [2] Group 3: Summary of Top Changes - The top 20 companies with increased holdings include Haotian International Construction (01341), Ruipu Lanjun (00666), and Anjii Food (02648) [1] - The top 20 companies with decreased holdings include Tianqi Lithium (09696), Global Medical (02666), and Hengsheng Chinese Enterprises (02828) [1] - The five-day increase list features Haotian International Construction (01341) and Qingdao Bank (03866) with increases of 5.82% [2]

Core Viewpoint - Tianqi Lithium is actively pursuing legal measures to protect its overseas investment rights, particularly concerning its stake in SQM, following a court ruling that dismissed its lawsuit against SQM's partnership agreement with Codelco [1][2]. Group 1: Legal Developments - Tianqi Lithium's subsidiary, Tianqi Chile, received a ruling from the Santiago Appeals Court rejecting its lawsuit regarding SQM's partnership agreement with Codelco, which was signed without shareholder approval [1]. - The partnership agreement is seen as detrimental to Tianqi Chile's voting rights and shareholder interests, prompting the company to consider further legal actions, including potential appeals [1][2]. - Tianqi Lithium has been monitoring the situation closely since the signing of the memorandum of understanding between SQM and Codelco in December 2023, which could undermine the rights of minority shareholders [2]. Group 2: Financial Impact - As of now, the court ruling does not affect the company's impairment testing assumptions related to its long-term investment in SQM, indicating no immediate impact on current profits [1]. - For the first three quarters of 2025, Tianqi Lithium reported revenues of 7.397 billion yuan, a year-on-year decrease of 26.5%, and a net profit of 180 million yuan, recovering from a loss of 5.701 billion yuan in the same period last year [3].

天齐锂业（002466）(002466.SZ)发布公告，2025年11月12日，公司全资子公司天齐智利收到智利圣地 亚哥上诉法院判决书，驳回了其诉讼请求，该判决非终审判决。SQM在未经其股东大会审批授权的情 况下与Codelco签署《合伙协议》，损害了公司全资子公司天齐智利作为SQM股东的投票权以及相关股 东权利。公司将在法律允许的范围内全面评估，不排除考虑在确保相关股东利益得到保障的前提下可能 采取进一步行动(包括但不限于提起上诉)。 ...

Core Viewpoint - Tianqi Lithium Industries (002466.SZ) announced that its wholly-owned subsidiary, Tianqi Chile, received a ruling from the Santiago Court of Appeals in Chile on November 12, 2025, rejecting its lawsuit request, which is not a final judgment [1] Group 1: Legal Proceedings - The court ruling was based on SQM signing a partnership agreement with Codelco without approval from its shareholders' meeting, which infringed upon Tianqi Chile's voting rights and related shareholder rights as a shareholder of SQM [1] - The company will conduct a comprehensive assessment within the legal framework and does not rule out the possibility of taking further actions, including but not limited to filing an appeal, to ensure the protection of relevant shareholder interests [1]