Tianqi Lithium Corp Class H

09696: XHKG (HKG)
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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.

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