HK Stock Market Move | Contemporary Amperex Technology (03750) fell more than 4% this morning. Lyon said that the company's current valuation already reflects most of the market's concerns.

11:15 22/01/2026

CATL (03750) fell more than 4% in the morning session, dropping by 4.65% to HK$463.4 at the time of writing, with a turnover of HK$965 million.

Contemporary Amperex Technology (03750) fell by more than 4% in the morning, dropping 4.65% to HK$463.4, with a trading volume of HK$965 million at the time of publication. Lion released a report stating that by 2026, Contemporary Amperex Technology is facing several headwinds, causing investors to worry about its growth prospects. These include a slowdown in Chinese electric vehicle sales, rising lithium prices, and a reduction in battery export value-added tax rebates. The bank believes that Contemporary Amperex Technology's A/H shares are currently trading at a forward P/E ratio of 17/22 for 2026, which already reflects most of the market's concerns. Considering the bank's forecast of a 31% compound annual growth rate in earnings per share from 2025 to 2027, the risk-return ratio is attractive.

VENUS MEDTECH-B(02500): Cardiovalve Ltd. and MTH IP, L.P. filed a patent infringement lawsuit against Edwards for US Patent No. 385.

HK Stock Market Move | CMOC Group Limited (03993) fell nearly 4% in the morning, with the issuance of $1.2 billion convertible bonds completed. The dilution risk of the Hang Seng Index is limited.

GFSEC: Early-stage equipment manufacturers in the space photovoltaic industry are the first to benefit. It is recommended to pay attention to HJT/perovskite equipment suppliers and other links.

VENUS MEDTECH-B(02500): Cardiovalve Ltd. and MTH IP, L.P. filed a patent infringement lawsuit against Edwards for US Patent No. 385.

HK Stock Market Move | CMOC Group Limited (03993) fell nearly 4% in the morning, with the issuance of $1.2 billion convertible bonds completed. The dilution risk of the Hang Seng Index is limited.

GFSEC: Early-stage equipment manufacturers in the space photovoltaic industry are the first to benefit. It is recommended to pay attention to HJT/perovskite equipment suppliers and other links.