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Lithium prices hit new lows. But, shares in profitable businesses and China's companies are faring better than most

Does it pay to look at profitable businesses and China's companies, as they are faring better than most.
Chinese companies:
-Sinomine Resource Group (002738) +9.1% YTD
-Tianqi Lithium (002466) +7.2% YTD
-Ganfeng Lithium $Ganfeng Lithium Group(002460.SZ)$ $GNEF+4% YTD
World's biggest Li companies:
-Albemarle $Albemarle(ALB.US)$ $ALB-8% YTD
ASX Li companies
-Pilbara Minerals $Pilbara Minerals Ltd(PLS.AU)$ $PLS-4.3% YTD
-Mineral Resources $Mineral Resources Ltd(MIN.AU)$ $MIN-9.1% YTD
-Independence Group $IGO Ltd(IGO.AU)$ $IGO-12.2 YTD
-Liontown Resources $Liontown Resources Ltd(LTR.AU)$ $LTR-9.1% YTD
-Galan Lithium $Galan Lithium Ltd(GLN.AU)$ $GLN-11.6% YTD
-Core Lithium $Core Lithium Ltd(CXO.AU)$ $CXO-22.8% YTD
-Sayona Mining $Sayona Mining Ltd(SYA.AU)$ $SYA-22.5% YTD
Lithium Carbonate Price. Source: moomoo, Bloomberg
Lithium Carbonate Price. Source: moomoo, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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Moomoo Official Market Strategist
Investment strategist, featured on TV, radio, newspapers. Follow on Twitter @JessicaDAmir
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