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| HSI1 | 25,277.32 | -223.26 | 342.52B |
| HSCEI1 | 8,574.07 | -121.81 | 125.49B |
| Back Zoom + Zoom - Block Traded | |
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2026-03-20 11:12:27 A JP Morgan research report noted that BYD COMPANY (01211.HK) unveiled its second-generation flash charge battery (Blade Battery 2.0) on March 5, setting new benchmarks for full-charge speed and low-temperature performance. As both BYD and CATL (03750.HK) accelerate the adoption of ultra-fast charging technology, investor interest in the competition between the two companies remains high. Overall, the broker believed that the launch of BYD’s second-generation battery will have limited negative impact on CATL, while taking note that the market’s transition to ultra-fast charging may create upside potential through spillover effects. BYD was anticipated to seize market share in overseas automotive markets from a low base, but its share in the domestic market was projected to experience a moderate decline. JP Morgan maintained Overweight on CATL (300750.SZ) A-shares and BYD. The broker raised the target price for CATL’s H-shares to HKD650 from HKD640, but downgraded the stock to Neutral based solely on valuation considerations, as H is now trading at a >40% premium to the A-share. CATL’s A-shares remain JP Morgan’s top pick in China's battery universe. ~ AAStocks Financial News Web Site: www.aastocks.com | |