Group 1 - Lithium mining stocks continue to decline, with Ganfeng Lithium (002460)(01772) down 3.62% at HKD 61.2 and Tianqi Lithium (002466)(09696) down 2.44% at HKD 54.05 [1] - On January 19, lithium carbonate futures main contract fell over 3%, currently at CNY 148,000 per ton [1] - Last week, the main contract for lithium carbonate experienced a volatile downward trend, hitting a limit down of CNY 146,200 per ton, with a daily decline of approximately 9% [1] Group 2 - According to Zhongtai Futures, the rapid price increase in the first half of the week led to sufficient market expectations for increased export demand, but strong regulatory measures caused a quick market sentiment reversal [1] - The overall macro sentiment adjustment and the decline in the commodity market accelerated the drop in lithium prices [1]