本文转载自"腾讯自选股"，智通财经编辑：李佛。 蛇年最后一个交易日，港股三大指数集体低开，恒指跌0.25%，国指跌0.08%，恒生科技指数跌0.19%。 AI概念股普涨，智谱涨7.6%，MINIMAX-WP涨2.9%。洛阳钼业、宁德时代将纳入恒生指数成份股，均 涨超1%。阿里巴巴跌超1%，网易、天齐锂业涨超1%。此外，因春节假期，港股今日下午开始休市。 ...

智通财经APP获悉，根据2026年2月13日披露数据，喜相逢集团（02473）、钧达股份（02865）、狮腾 控股（02562）港股通持股占比增加值最大，分别增加5.68%、2.88%、1.60%；国恩科技（02768）、吉 宏股份（02603）、京城机电股份（00187）港股通持股占比减少值最大，分别减 少-1.81%、-0.88%、-0.82%。 在最近有统计数据的5个交易日内，喜相逢集团（02473）、钧达股份（02865）、南方恆生科技 （03033）港股通持股占比增加值最大，分别增加13.49%、13.04%、2.65%；天齐鋰业（09696）、中石 化炼化工程（02386）、GX恆生科技（02837）港股通持股占比减少值最大，分别减 少-7.72%、-3.88%、-2.92%。 具体数据如下（交易所数据根据T+2日结算）： 1、港股通最新日占比增持榜（前20名） 2、港股通最新日占比减持榜（前20名） 5、港股通20日占比增持榜（前10名） | 公司名称 | 占比值变动 | 最新持股比例 | | --- | --- | --- | | 喜相逢集团(02473) | +32.29% | 35.10% ...

据生意社监测，碳酸锂02月13日最新价格145000.00元/吨，最近5天上涨6.62%，60天上涨50.68%。 相关生产商有：天齐锂业（002466） 赣锋锂业（002460） 西藏矿业（000762） 盐湖股份（000792） 江 特电机（002176） 融捷股份（002192） 雅化集团（002497） 盛新锂能（002240） 藏格矿业（000408） 永兴材料（002756） 中矿资源（002738） 天华新能（300390） 川能动力（000155） 金银河（300619） 宁德时代（300750） 科力远（600478） 芳源股份（688148） 红星发展（600367） 永杉锂业（603399） 等。 【周期股选股方法】 周期股特指原材料生产型的上市公司，该公司的利润高低受原材料价格波动影响；因此利用生意社原材 料价格的涨跌数据，提前于季报与年报，发现周期股买入信号，是投资周期股的重要方法。欢迎使用生 意社股票通。 据生意社监测，碳酸锂02月13日最新价格145000.00元/吨，最近5天上涨6.62%，60天上涨50.68%。 相关生产商有：天齐锂业（002466） 赣锋锂业（002460 ...

Group 1 - The core point of the article is that JPMorgan has reduced its stake in Tianqi Lithium (09696) by selling 1.172834 million shares at a price of HKD 42.9065 per share, totaling approximately HKD 50.3222 million [1] - After the reduction, JPMorgan's remaining shareholding is approximately 14.6328 million shares, representing a holding percentage of 8.91% [1]

Group 1 - Critical minerals are essential for new energy, high-end manufacturing, and strategic industries, including lithium, cobalt, nickel, tungsten, and rare earth elements [1] - The global critical minerals market is projected to reach approximately $142 billion by 2025 and $213 billion by 2030, with a CAGR of about 8.5% from 2025 to 2030 [3] - Lithium, cobalt, and nickel account for 55% of the market, driven mainly by the demand from electric vehicle batteries and energy storage [3] Group 2 - China is the most complete supply chain country for critical minerals, with lithium production expected to reach 280,000 tons (lithium carbonate equivalent) by 2025, accounting for about 50% of global production [4] - The demand for critical minerals in downstream applications such as new energy vehicles, energy storage, and smart manufacturing is increasing, leading to higher material content per vehicle or component [4][6] - The global sales of new energy vehicles are expected to reach approximately 22 million units by 2025, with energy storage systems projected to have an installed capacity of 200 GWh [6] Group 3 - The critical minerals industry chain consists of three core segments: upstream (mining and initial beneficiation), midstream (refining and alloying), and downstream (applications) [5] - China holds about 35-50% of global critical mineral reserves and 85-90% of rare earth separation capacity, making it a key processing center [5] - The refining cost of high-nickel battery materials accounts for about 15-20% of the total cost of electric vehicle batteries [5] Group 4 - Major companies in the critical minerals sector include China Northern Rare Earth Group, Rongjie Resources, Tianqi Lithium, and others, with projected revenues for 2025 ranging from approximately 45-48 billion RMB for China Northern Rare Earth Group to 2-3 billion USD for MP Materials [7] - Global efforts are underway to localize critical mineral supply chains, with initiatives from the US, EU, and India to enhance midstream refining and downstream processing capabilities [7] Group 5 - Future industry trends include breakthroughs in high-purity material technology, scaling up critical mineral recycling, and increasing the value of mid-heavy rare earths and high-nickel materials [8] - The strategic importance of critical minerals in high-end manufacturing and new energy industries positions supply chain leaders for competitive advantages in the global market [9] - Companies should focus on enhancing midstream refining technology, developing high-value downstream applications, and exploring recycling and value extraction of mid-heavy minerals for sustainable supply chains [9]

Core Viewpoint - The recent fluctuations in lithium carbonate prices reflect a resonance between macro policies and fundamentals, with a shift from "macro emotional disturbances" to "fundamentals-driven" trading logic expected in the future [2][11]. Group 1: Price Trends and Market Dynamics - Lithium carbonate prices have recently stabilized around 150,000 yuan/ton, with futures contracts closing at 152,640 yuan/ton as of February 13 [2]. - The price movements are primarily driven by supply-demand dynamics, with a previous overheating in storage demand leading to a rational correction in prices [2][4]. - In 2025, the lithium carbonate market is expected to experience a tight balance, with prices rebounding from lows due to supply disruptions and unexpected demand [3][12]. Group 2: Impact of Futures Market - The introduction of lithium carbonate futures has significantly reduced the volatility of spot prices, with the average daily volatility dropping from 1.68% to 1.16% post-futures listing [4]. - Futures prices have shown a strong correlation with spot prices, with a price increase of 77.46% in spot prices and 85.87% in futures from November 2025 to February 2026 [5]. - Industry players are increasingly utilizing futures for risk management, with around 3,000 companies participating in lithium carbonate futures trading [8]. Group 3: Supply and Demand Analysis - As of February 13, lithium carbonate inventory decreased by 2,531 tons week-on-week, indicating a continued destocking trend [11]. - The supply of lithium carbonate is expected to remain tight, with production from lithium spodumene dropping from 14,124 tons/week to 12,024 tons/week [11]. - Despite an increase in lithium shipments from Chile, the overall destocking trend is anticipated to continue into February, with a potential supply-demand gap persisting until production ramps up [12]. Group 4: Regulatory Environment - The regulatory environment has tightened, with exchanges emphasizing strict monitoring to maintain market order and protect investors [7]. - Analysts believe that the futures market effectively reflects the supply-demand dynamics and enhances pricing efficiency for upstream and downstream enterprises [7].

Group 1 - The core viewpoint of the articles indicates that the recent fluctuations in lithium carbonate prices are primarily driven by a resonance between macro policies and fundamentals, with a shift from "macro emotional disturbances" to "fundamentals dominance" in trading logic [1][3][10] - As of February 13, lithium carbonate futures closed at 152,640 yuan/ton, reflecting a stabilization around the 150,000 yuan/ton mark after a period of volatility [1][4] - The lithium carbonate market is currently experiencing a supply-demand imbalance, with expectations of oversupply in the first half of 2025 due to trade frictions and weakening macro sentiment, leading to price drops below 60,000 yuan/ton [2][10] Group 2 - The introduction of lithium carbonate futures has effectively reduced the volatility of spot prices, with the average daily volatility decreasing from 1.68% to 1.16% post-futures listing [3][4] - Industry analysts note that the price of lithium carbonate is expected to show a fluctuating upward trend in 2025, driven by cost support, supply disruptions, and demand growth [2][4] - The futures market has become an essential tool for industry players, allowing them to hedge against price fluctuations and stabilize their operations, with nearly 3,000 enterprises participating in lithium carbonate futures trading [7][8] Group 3 - Recent data indicates that lithium carbonate inventory has decreased, with a reduction of 2,531 tons reported as of February 13, suggesting a tightening supply despite the traditional off-peak season [10][11] - The market is expected to maintain a tight balance throughout the year, with potential growth in demand from energy storage and power sectors, although supply uncertainties remain [11][12] - Analysts emphasize the importance of not over-relying on single pieces of information for trading decisions, as short-term disruptions may not significantly impact the overall supply-demand dynamics [12]

Group 1 - The company announced the resignation of its Vice President, Mr. Li Guo, due to personal career planning reasons, effective immediately upon delivery of the resignation report to the board [1][2] - Mr. Li Guo held 7,500 shares directly and 29,185 shares under a restricted stock incentive plan, and his shareholding will be managed according to relevant regulations post-resignation [2] - The board expressed gratitude for Mr. Li Guo's significant contributions to the company's strategic development and investments during his tenure [2] Group 2 - The resignation will not affect the normal operations of the company, and Mr. Li Guo's term was originally set to end on April 13, 2026 [1] - The company will ensure a proper handover of responsibilities in accordance with its internal management regulations [1] - The announcement was made on February 14, 2026, by the board of directors of Tianqi Lithium Corporation [4]

Group 1 - The core point of the article is that JPMorgan has reduced its stake in Tianqi Lithium (09696) by selling 1,172,834 shares at a price of HKD 42.9065 per share, totaling approximately HKD 50.3222 million [1] - After the reduction, JPMorgan's remaining shareholding is approximately 14,632,800 shares, representing a holding percentage of 8.91% [1]

Group 1 - Core viewpoint: JPMorgan has reduced its stake in Tianqi Lithium (09696) by selling 1,172,834 shares at a price of HKD 42.9065 per share, totaling approximately HKD 50.3222 million [1] - After the reduction, JPMorgan's remaining shareholding is approximately 14,632,800 shares, representing a stake of 8.91% [1]