Tianqi Lithium expects a loss of 3.6 billion to 4.3 billion yuan in the first quarter, and its stock price crashed

Tianqi Lithium expects a net loss of 3.6 billion to 4.3 billion yuan in the first quarter of 2024, compared with a profit of 4.875 billion yuan in the same period last year. Affected by the news, on April 24, Tianqi Lithium's A shares fell to the limit, and the Hong Kong stock market fell by 18% at one point.