Lithium carbonate futures rebound over 15% from the bottom, multiple lithium mining concept stocks attract institutional attention

On the morning of July 18, lithium carbonate futures main contract opened high, with an intraday peak increase of 4.32%, closing up 0.91% at noon. Lithium carbonate futures have continued to rebound recently, with the latest price rising over 15% from the year's low. In the spot market, Wind data shows that the price of 99.5% battery-grade lithium carbonate on July 17 was 65,000 yuan/ton, an increase of 8.52% from the low of 59,900 yuan/ton in late June. Several institutional research reports believe that the lithium battery industry chain is at a historical bottom and is expected to welcome a turning point in the future. On the morning of July 18, A-share lithium mining concept stocks collectively rose. In terms of performance, 14 lithium mining concept stocks have released performance forecasts for the first half of the year, among which TIANQI LITHIUM and Weiling Co., Ltd. forecasted a turnaround from losses to profits, while Tibet Everest, Keda Group, and Zangge Mining forecasted year-on-year growth in net profit attributable to shareholders. Tibet Urban Investment and Ganfeng Lithium forecasted reduced losses, with a positive reporting ratio of 50%. Since the beginning of this year, several lithium mining concept stocks have attracted a cluster of institutional attention, with 6 stocks having more than 100 institutional research visits this year. Among them, Zangge Mining, Keda Group, and Yahua Group have the highest number of institutional research visits, with 157, 134, and 129 respectively