{Economic Information Daily News 24th exclusive} CATL (03750) H-shares are currently down 4.2%, trading at 489.8 yuan, breaking below the 500-yuan level. The stock's turnover is about 1.97 million shares, involving 979 million yuan. The A-share (Sz:300750) is currently trading at 295.2 yuan RMB, down 5.8 yuan RMB, or 1.9%, with a turnover of 4.4 billion yuan RMB, involving 14.79 million shares. At current prices, the A-shares are at a 29.9% discount to the H-shares.
Recently, market rumors suggest the electric vehicle industry is accelerating the "de-CATL" trend. New automakers such as Li Auto (02015) and Xiaomi (01810) have successively initiated self-developed battery projects with other battery manufacturers. Coupled with suspected official moves in mainland China to halt new battery projects, CATL's A and H shares have continued to suffer. Since September 16, the stock has fluctuated around the 500-yuan level in a seesaw battle; excluding today, there have been three trading days in the past when the stock intraday fell below the 500-yuan level, but ultimately found support and closed above the 500-yuan level.
Currently, the Hang Seng Index stands at 24,721, down 113 points or 0.5%, with main board turnover exceeding 83.9 billion yuan. The Hang Seng China Enterprises Index stands at 8,243, down 29 points or 0.4%. The Hang Seng Tech Index stands at 4,336, down 42 points or 1%. The front-month futures index is reported at 24,727, down 88 points, with a premium of 6 points. The front-month H-share futures are reported at 8,246, down 23 points, with a premium of 2 points. The front-month tech index futures are reported at 4,339, down 39 points, with a premium of 9 points. (nw)
Recently, market rumors suggest the electric vehicle industry is accelerating the "de-CATL" trend. New automakers such as Li Auto (02015) and Xiaomi (01810) have successively initiated self-developed battery projects with other battery manufacturers. Coupled with suspected official moves in mainland China to halt new battery projects, CATL's A and H shares have continued to suffer. Since September 16, the stock has fluctuated around the 500-yuan level in a seesaw battle; excluding today, there have been three trading days in the past when the stock intraday fell below the 500-yuan level, but ultimately found support and closed above the 500-yuan level.
Currently, the Hang Seng Index stands at 24,721, down 113 points or 0.5%, with main board turnover exceeding 83.9 billion yuan. The Hang Seng China Enterprises Index stands at 8,243, down 29 points or 0.4%. The Hang Seng Tech Index stands at 4,336, down 42 points or 1%. The front-month futures index is reported at 24,727, down 88 points, with a premium of 6 points. The front-month H-share futures are reported at 8,246, down 23 points, with a premium of 2 points. The front-month tech index futures are reported at 4,339, down 39 points, with a premium of 9 points. (nw)
