GO
| HSI1 | 24,647.26 | -126.07 | 189.97B |
| HSCEI1 | 8,859.92 | -23.03 | 62.51B |
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2025-07-31 11:45:01 CATL (03750.HK) delivered solid 1Q25 results since listing in Hong Kong, CLSA published a research report saying. 2Q25 gross profit margin continued the expansion trend from 1Q25. Despite the excellent results, the broker believed that the 62% hike in H-shares post-listing reflects overly optimistic expectations, and the current 45% H-A premium is unlikely to be sustained. Therefore, CLSA downgraded CATL's H-shares from High Conviction Outperform to Outperform, and elevated its target price from $447 to $535. The broker also kept rating at High Conviction Outperform for CATL's A-shares, and raised its target price from RMB380 to RMB390. ~ AASTOCKS Financial News Website: www.aastocks.com | |