Ganfeng Lithium Group Co Ltd
01772: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xG? | LOCK|<>KP? | LOCK|mX<?Xc |
Tianqi and Ganfeng Ride Lithium Price Recovery to Strong Profit Growth; H-Shares Undervalued
Chinese lithium producers Tianqi and Ganfeng both extended their surge in net profit growth in the second quarter, driven by a recovery in lithium prices and improving gross margins. Tianqi also recorded a significant increase in equity income from Sociedad Química y Minera de Chile.
