Zhi Tong Cai Jing·2026-01-16 03:57Group 1 - The core viewpoint of the article highlights a decline in lithium mining stocks, specifically Ganfeng Lithium and Tianqi Lithium, due to a drop in lithium carbonate prices [1] - As of January 16, lithium carbonate prices hit a limit down, falling below 150,000 yuan, influenced by recent regulatory measures from the futures market and the fact that prices are at a two-year high [1] - Huatai Futures notes a significant divergence in market sentiment, with strong demand from downstream energy storage but poor transmission of lithium carbonate prices to the battery cell sector, indicating potential for continued price volatility and risk of further declines [1] Group 2 - Ganfeng Lithium's stock decreased by 4.19%, trading at 64 HKD, while Tianqi Lithium's stock fell by 3.5%, trading at 55.1 HKD [1] - The current market situation shows a certain level of destocking in the energy storage sector, but the overall consumption in downstream markets will be crucial for the transmission of value within the lithium carbonate supply chain [1]