CATL, whose stock rose 0.4 per cent to a record 663.28 yuan on Tuesday in Shenzhen, is now the third-biggest stock on the Shanghai and Shenzhen exchanges. Photo: Getty Images
CATL, whose stock rose 0.4 per cent to a record 663.28 yuan on Tuesday in Shenzhen, is now the third-biggest stock on the Shanghai and Shenzhen exchanges. Photo: Getty Images
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Tesla supplier CATL’s inclusion in China’s CSI 300 Index may spur US$2 billion buying frenzy, analysts say

  • The inclusion may spur local and global fund managers into buying as much as 12.9 billion yuan (US$2.02 billion) of the stock, Shenwan Hongyuan analysts say
  • CATL stock has already jumped 10-fold over the past two years amid booming EV sales at home and aboard

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CATL, whose stock rose 0.4 per cent to a record 663.28 yuan on Tuesday in Shenzhen, is now the third-biggest stock on the Shanghai and Shenzhen exchanges. Photo: Getty Images
CATL, whose stock rose 0.4 per cent to a record 663.28 yuan on Tuesday in Shenzhen, is now the third-biggest stock on the Shanghai and Shenzhen exchanges. Photo: Getty Images
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