The stock price crashed by nearly 20%, and the “black swan” from Chile broke through the psychological defenses of Tianqi Lithium (09696) investors

Explosive performance triggered a letter from regulators to inquire. The secondary market opened low, and stock prices fell by nearly 20%. On April 24, Tianqi Lithium (09696) ushered in the “darkest hour.” The Zhitong Finance App learned that on the evening of April 23, Tianqi Lithium released a performance forecast for the first quarter of this year: net loss for the first quarter of this year is expected to be 36.43 billion yuan, compared with net profit of 4.875 billion yuan for the same period last year, changing from profit to loss year-on-year. Tianqi Lithium's sudden large advance loss attracted the attention of regulators. Soon thereafter, Tianqi Lithium received a letter of concern from the Shenzhen Stock Exchange requesting it to quantitatively analyze the reason for the sharp increase in losses, and said

Zhitong Finance52minutes ago

Changes in Hong Kong stocks | Ganfeng Lithium (01772) rebounded by more than 4%, and Daiwa said that Tianqi Lithium's huge losses were unrelated to Ganfeng Lithium's own problems

Ganfeng Lithium (01772) rebounded by more than 4%. As of press release, it rose 2.59% to HK$21.8, with a turnover of HK$62.1697 million.

Zhitong Finance22:57 ET

Tianqi Lithium Forecasts Loss in Q1

Tianqi Lithium (SHE:002466, HKG:9696) forecasts it will swing to a loss of between 430 million yuan and 360 million yuan in the first quarter from a profit of 487.5 million yuan in 2022, according to

MT NewswiresApr 24 02:14 ET

Did Hakuba stocks explode too? Tianqi Lithium (09696) opened with a pre-loss of more than 3.6 billion yuan in the first quarter, down more than 17%

The Zhitong Finance App learned that on April 24, Tianqi Lithium (09696) Hong Kong stock opened low and fell by more than 17% at one point. Tianqi Lithium (002466.SZ) A shares fell to open and closed more than 600 million yuan. According to the news, on the evening of April 23, Tianqi Lithium announced its first quarter results forecast. The net loss for the first quarter is expected to be 3.6 billion yuan to 4.3 billion yuan. Net profit for the same period last year was 4.875 billion yuan, changing from profit to loss over the same period last year. Subsequently, the Shenzhen Stock Exchange immediately issued a letter of concern to the company in response to the reason for the sharp increase in losses in the first quarter. Regarding the reason for the loss in performance, Tianqi Lithium stated in the announcement that the main

Zhitong FinanceApr 23 21:41 ET

Changes in Hong Kong stocks | Tianqi Lithium (09696) opened more than 10% lower after the profit warning, the gross profit of lithium products fell sharply to a maximum of 4.3 billion yuan in the first quarter

Tianqi Lithium (09696) opened more than 10% lower after the earnings report. As of press release, it fell 10.21% to HK$31.65, with a turnover of HK$2,424,400.

Zhitong FinanceApr 23 21:25 ET

Tianqi Lithium Sees 1Q Loss CNY3.60B-Loss CNY4.30B >002466.SZ

Tianqi Lithium Sees 1Q Loss CNY3.60B-Loss CNY4.30B >002466.SZ

Dow JonesApr 23 18:13 ET