GO
| HSI1 | 25,835.57 | +4.92 | 245.14B |
| HSCEI1 | 9,143.34 | -7.70 | 83.14B |
| Back Zoom + Zoom - Block Traded | |
|
CATL Dives 8% on Bulk Deals as H-Shr Lock-Up Period Ends Tdy; JPM Urges Shifting Positions to A-Shrs
2025-11-20 11:11:01 The lock-up period for CATL (03750.HK) H-shares ended today (20th). After opening flat this morning, CATL's stock price turned sharply lower in early trading and once bottomed at HKD468. It last traded at HKD471, down 8.01%, with a trading volume surging to 7.766 million shares, involving HKD3.758 billion. Meanwhile, CATL's A-shares (300750.SZ) opened higher but soon reversed. It last dropped by 3.4% to RMB377.93. JPMorgan said earlier that cornerstone investors in CATL's H-shares can start selling their holdings from November 20, which may release nearly 50% of the company's outstanding H-shares and in turn erase the premium that H-shares have been trading at relative to A-shares. Since its listing six months ago, CATL's H-shares have soared by about 110%, while its A-shares have gained less than 60% over the same period. JPMorgan suggested that investors already holding CATL H-shares should consider shifting their positions to the corresponding A-shares. ~ AAStocks Financial News Web Site: www.aastocks.com | |