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CATL: CN Lithium Battery Consumption Tax Implementation Causes Some Order Fluctuations
2026-09-21 11:35:44 After China began imposing a 2% consumption tax on lithium batteries this month, CATL (03750.HK)'s domestic orders experienced some fluctuations, but the overall impact was limited, CATL Domestic Energy Storage Solutions CTO Lin Jiubiao said. CATL shares moved lower against the market trend today (21st), hitting an intraday low of HKD497.2. The stock last traded at HKD499.2, down 1.54%, with turnover of 1.0871 million shares involving HKD548 million. Lin said that the company is also developing new demand sources, although some domestic orders fluctuate and certain order volumes reduce. He underscored that the overall business this year remains unchanged and that the impact currently appears relatively small. ~ AASTOCKS Financial News Website: www.aastocks.com | |