Ganfeng Lithium stock falls 3.53 percent as UBS cuts target

Published on 09/22/2026 at 15:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ganfeng Lithium stock traded at HKD 33.34 on September 22, 2026, down 3.53 percent. UBS cut its target to HKD 44.28 while retaining Buy.

Ganfeng, CNE1000031W9, Illustration mit AI erstellt.

Ganfeng Lithium stock (ISIN CNE1000031W9) traded at HKD 33.34 on the Hong Kong Stock Exchange on September 22, 2026, down 3.53 percent as lithium carbonate prices weakened during the peak season. The move followed a sharp reduction in UBS's target price.

UBS cuts target to HKD 44.28

According to Futu on September 22, 2026, UBS lowered its target for Ganfeng Lithium from HKD 106.86 to HKD 44.28 and retained a Buy rating. The cut amounts to HKD 62.58, or 58.6 percent, below the previous target.

UBS also reduced its 2027 China lithium price assumption from CNY 200,000 per metric ton to CNY 120,000, a 40 percent reduction. That commodity assumption is the central counter-factor for a company whose earnings remain highly sensitive to lithium prices.

Half-year profit rebounds sharply

Ganfeng Lithium reported revenue of CNY 23.097 billion for the first half of 2026, up 175.75 percent from the same period a year earlier. Net profit reached CNY 4.257 billion, an increase of 901.36 percent, while adjusted net profit rose 521.56 percent to CNY 3.848 billion, according to Cement China on September 22, 2026, citing the companys August 28 half-year disclosure.

The comparison is unusually wide: reported revenue grew by more than 2.75 times year over year, while net profit moved from a loss of about CNY 500 million in the prior-year period to CNY 4.257 billion in the first half of 2026. The results show the operating leverage of a lithium producer, but the UBS revision shows why earnings growth cannot be separated from the commodity cycle.

Stock remains above yearly low

Investing.com listed Ganfeng Lithium at HKD 33.70 on September 22, 2026, against a previous close of HKD 34.56 and a 52-week range of HKD 31.80 to HKD 91.20. The same market snapshot showed a market capitalization of HKD 70.37 billion, while the intraday range was HKD 33.54 to HKD 34.58.

The quoted price of HKD 33.34 from the September 22 market update remains only HKD 1.54, or 4.8 percent, above the reported 52-week low of HKD 31.80. That distance places the current debate between the strong first-half earnings rebound and the lower lithium-price assumptions used in the latest valuation revision.

Ganfeng Lithium stock trades at HKD 33.34

Ganfeng Lithium stock traded at HKD 33.34 on the Hong Kong Stock Exchange on September 22, 2026, down 3.53 percent from the level cited before the decline. The company is listed under ticker 1772.