HK Stock Market Move | Lithium battery concept stocks are performing strongly, with many companies releasing impressive quarterly reports. It is expected that industry production will continue to rise in May.

Lithium battery concept stocks are showing strong trends. As of the time of publication, Jiangsu Lopal Tech. Group (02465) rose 18.49% to HK$21.7; REPT BATTERO (00666) rose 16.73% to HK$17.16; CALB (03931) rose 12.49% to HK$36.56; ZENERGY (03677) rose 10.56% to HK$8.48; Tianqi Lithium Corporation (09696) rose 8.08% to HK$62.9. On the news front, recently, many companies in the lithium battery sector have released impressive quarterly reports. As of April 28th, Canmax Technologies, Tianqi Lithium Corporation, and YOUNGY Co., Ltd. achieved over 10 times growth in net profit attributable to owners. In addition, Guangzhou Great Power Energy and Technology recently announced that in the first quarter of 2026, operating income reached 4.768 billion yuan, a year-on-year increase of 182.14%; net profit attributable to shareholders of the listed company was 323 million yuan, turning a loss into a profit. The change in performance was mainly due to the growth of the energy storage business. Dongguan Securities believes that global lithium battery production reached 687.5GWh in Q1, a year-on-year increase of 47%, with energy storage battery production at 224.69GWh, a year-on-year increase of 119%. In May, the pre-production of the lithium battery industry chain continues to grow, indicating strong downstream demand. At the same time, the industry's anti-internal competition efforts continue to make progress. The supply-demand pattern of the industry chain is improving, and a simultaneous increase in quantity and profit can be expected.