Analysis of the Reasons for Ganfeng Lithium (01772.HK) Being Popular in Hong Kong Stock Market and Its Market Performance

Ganfeng Lithium (01772.HK) made it to the Hong Kong Stock Popularity List of East Money App, with two core driving factors: first, its A-share (002460.SZ) resumed trading on December 18, 2025 (it had been suspended since November 20); second, the company announced that its subsidiary Shenzhen Yichu had introduced a strategic investor Wanjin Green Energy, planning to raise 664 million yuan [2][3][4].

From the A-share performance: on the day before resumption (December 17), it rose by 2.42% with a trading volume of 76.37M; on the resumption day (December 18), it rose another 0.45% to close at $62.49 with a trading volume of 60.78M, both significantly higher than the 20-day average trading volume of 45.94M [0]. The A-share’s 20-day moving average is $61.54, and the 50-day moving average is $65.05 [0]. The current price is between the two moving averages, indicating coexistence of short-term support and medium-term resistance.

1. Cross-market Linkage Effect
   : The combined effect of the A-share resumption and the strategic investment announcement not only boosted the A-share trading volume but also increased the attention of retail investors in the Hong Kong stock (01772.HK), reflecting the synchronous response of the two markets to the major events of Ganfeng Lithium.
2. Transaction Process Uncertainty
   : Although the A-share has resumed trading, the company will not convene a shareholders’ meeting to review the relevant transaction for the time being due to incomplete audit and other work [1], which may affect the progress of the transaction in the future and requires continuous attention to subsequent announcements.
3. Common Impact of Industry Risks
   : As a leading lithium company, Ganfeng Lithium’s performance is highly correlated with lithium price fluctuations, and this common industry risk has always been an important factor affecting the company’s stock price.

• Risk Points
  : Process uncertainty caused by incomplete transaction audit [1]; cyclical risk of the industry due to lithium price fluctuations; due to the delay of Hong Kong stock data in this analysis, some conclusions are based on the A-share performance, which may differ from the actual trend of Hong Kong stocks.
• Opportunity Window
  : Strategic investment is expected to enhance the financial strength of the subsidiary and support business development; the active trading after the A-share resumption shows that the market still has confidence in the company’s future prospects.

Ganfeng Lithium (01772.HK) became a popular Hong Kong stock mainly driven by two events: the A-share resumption and the subsidiary’s strategic investment. The trading volume before and after the A-share resumption increased significantly, and market activity improved, but risks such as transaction process uncertainty and lithium price fluctuations still need to be noted. Investors should objectively evaluate the company’s investment value based on subsequent announcements and the actual trends of the two markets.