CATL's Hong Kong stock price hits a new high again. Foreign capital is optimistic about the company's valuation attractiveness.
On July 22, Ningde times rose nearly 4% in Hong Kong stock market, hitting a new high. Since its listing on May 20, Ningde times' Hong Kong stocks have risen by more than 63%. Goldman Sachs recently released a research report stating that Ningde times is expected to achieve a revenue of 104.7 billion yuan in the second quarter of this year, with a net profit of 15.6 billion yuan. They believe that its valuation is attractive and maintain a "buy" rating on Ningde times' A-shares and Hong Kong stocks.
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