The United States relaxes its control over graphite materials for Chinese batteries, and the secondary market has seen a turnaround

The United States has relaxed restrictions on batteries made with Chinese graphite, which has brought a turnaround to the secondary market. Influenced by this news, the share price of China Graphite in Hong Kong stocks soared by more than 30%, while the share prices of negative electrode material companies Shanshan Co., Ltd., Putailai and Zhongke Electric in A shares also rose to varying degrees.