Lates News

CATL's stock has risen by 92% since its listing in Hong Kong in May this year. However, cornerstone investors' restricted shares will be unlocked on Wednesday, putting the stock price to a critical test. "Cornerstone investors hold a high proportion of the shares, so CATL's stock price may face some pressure," said Kenny Ng, international strategist at Guotai Junan Securities. "Furthermore, CATL's stock price has risen significantly since its listing, and there is a premium for H-shares compared to A-shares. From a capital perspective, I think investors may tend to sell early to lock in profits."