News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
CATL Continues to Slide ~6%, But Still 15%+ Above Last Wk's Listing Price
Debuting its H-shares last Tuesday (20th), global electric vehicle battery giant CATL (03750.HK) extended its two-day losing streak from last week in today's (26th) early tradi...
Reset
Send
The window will close in 5 seconds
CATL Continues to Slide ~6%, But Still 15%+ Above Last Wk's Listing Price
Close
Recommend
20
Positive
35
Negative
26
 
 

Debuting its H-shares last Tuesday (20th), global electric vehicle battery giant CATL (03750.HK)  +2.200 (+0.712%)    Short selling $211.39M; Ratio 36.132%   extended its two-day losing streak from last week in today's (26th) early trading after opening flat in the morning. It once sank to the bottom of HKD303.2. It last traded at HKD303.4, down 5.89%, on a volume of 4.6907 million shares, involving HKD1.456 billion, still about 15.4% higher than the listing price of HKD263.

Macquarie recently initiated coverage on CATL (03750.HK)  +2.200 (+0.712%)    Short selling $211.39M; Ratio 36.132%   's H-shares with an Outperform rating and a target price of HKD360. CLSA also gave CATL a rating of High-Conviction Outperform for the first time, along with a target price set at HKD385, citing that the company's robust cash position (USD45 billion) on its balance sheet will provide ample funding for future battery technology R&D, with solid-state batteries being the most highly anticipated.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-28 12:25.)

Related NewsCLSA Initiates High-Conviction Outperform on CATL's H-shrs w/ TP HKD385

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.