GO
| HSI1 | 23,350.03 | +295.00 | 304.95B |
| HSCEI1 | 7,699.76 | +87.28 | 86.75B |
| Back Zoom + Zoom - Block Traded | |
|
2026-07-03 10:59:39 China's battery and materials sector has retreated about 15-35% from its peak since early May, owing to sector rotation and a lack of fresh catalysts, compounded with geopolitical tensions, JPMorgan released a research report saying. However, the broker believed this reflects short-term seasonal and inventory adjustments rather than a deterioration in medium-term growth. The broker said CATL (03750.HK) continues to lead peers in production momentum, with battery output in 2Q leaping about 80% YoY. Output growth in July was estimated to top 70% YoY, outperforming peers' growth of around 40-50%. CATL remains the broker's top pick in China's battery supply chain. Among second-tier players, CALB (03931.HK) has recorded output growth of more than 90% so far this year, the highest among peers and above its 55% sales growth target. ~ AASTOCKS Financial News Website: www.aastocks.com | |