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| HSI1 | 24,507.81 | -265.52 | 254.67B |
| HSCEI1 | 8,804.42 | -78.53 | 88.03B |
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2025-07-31 17:44:28 HSBC Global Research released a report on CATL (03750.HK), which manifested a net profit of RMB16.5 billion in 2Q25, representing a YoY increment of 34% and a QoQ increase of 18%, surpassing the broker’s estimates. The robust results was mainly attributed to solid shipments and enhanced operation efficiency, with a utilization rate of 90% in 1H25. Over the past month, A-shares and H-shares have climbed by 10% and 30%, respectively, obviously outperforming the market, reflecting heightened market confidence in the company's prospects. HSBC Global Research accordingly raised CATL's earnings forecast for 2025-27 by 4-6%, mainly reflecting expectations of growth in European shipments and improved domestic price outlook. The target price for CATL's A-shares (300750.SZ) was raised from RMB322 to RMB363, and the H-shares target price was increased from HKD359 to HKD479, with the Buy rating upheld. The broker stayed optimistic about CATL's advantages in profitability and overseas market expansion. ~ AASTOCKS Financial News Website: www.aastocks.com | |