The office building of Contemporary Amperex Technology Company (CATL) on August 8, 2018 in the Fujian provincial city of Ningde. Photo: VCG via Getty Images
The office building of Contemporary Amperex Technology Company (CATL) on August 8, 2018 in the Fujian provincial city of Ningde. Photo: VCG via Getty Images
A-shares

China’s most bullish stock bet risks falling apart as world’s biggest Li-ion battery maker CATL makes a surprising U-turn in its two-year run

  • Shares of Contemporary Amperex Technology (CATL) have reversed their sevenfold surge in the past two years to retract 18 per cent from their December 2 record
  • The retracement was double the loss on Shenzhen’s ChiNext for growth companies, in which CATL is the biggest component with an 18 per cent weighting

Topic |   A-shares
The office building of Contemporary Amperex Technology Company (CATL) on August 8, 2018 in the Fujian provincial city of Ningde. Photo: VCG via Getty Images
The office building of Contemporary Amperex Technology Company (CATL) on August 8, 2018 in the Fujian provincial city of Ningde. Photo: VCG via Getty Images
READ FULL ARTICLE