Zhi Tong Cai Jing·2025-12-30 01:57Core Viewpoint - Ganfeng Lithium (01772) experienced a decline of over 4%, attributed to allegations of insider trading related to its stock transactions involving Jiangte Motor, with the company stating that its operations remain normal and unaffected by the legal proceedings [1] Company Summary - Ganfeng Lithium's stock fell by 4.11%, trading at HKD 52.55, with a transaction volume of HKD 234 million [1] - The company received a notice from the Yichun Public Security Bureau regarding the prosecution for suspected insider trading, which has been forwarded to the procuratorate for review [1] - Ganfeng Lithium reassured that its production and operational activities are running normally and that the insider trading case pertains to previously disclosed historical events [1] Industry Summary - Lithium carbonate prices surged and then fell sharply, with futures dropping nearly 6% to CNY 119,200 per ton [1] - The discussion around sodium-ion batteries has gained traction as a potential alternative due to the significant rise in lithium carbonate prices, particularly in the energy storage sector [1] - Overall, lithium carbonate prices are heavily influenced by news and funding, with little change in the fundamental supply-demand dynamics expected, projecting a slight oversupply in 2026 [1]