HSI1 24,917.60 +111.97 192.63B
HSCEI1 8,284.58 +38.25 51.08B
Back    Zoom +    Zoom - Block Traded
CLSA: CATL Share Prices In Pessimism; High Conviction Outperform Rating Kept
2026-09-14 16:55:33
CATL (03750.HK) shares have corrected about 15% over the past month and have cumulatively retreated 30% from the peak in May, CLSA said in a research report.

Investors are currently focused on negatives including the possibility that CATL may face demand pressure from rising energy storage system (ESS) prices, and that customers such as XIAOMI-W (01810.HK) and LI AUTO-W (02015.HK) could switch to other battery suppliers.

While no positive catalyst is seen in the short term, CLSA believed the share price has already priced in such pessimistic expectations, and maintained its High Conviction Outperform rating with a TP of HKD770.
~

AASTOCKS Financial News
Website: www.aastocks.com