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Contemporary Amperex Technology Limited (CATL)

(宁德时代)

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Contemporary Amperex Technology Limited (CATL)
宁德时代
Contemporary Amperex Technology Limited (CATL), founded in 2011 in Ningde city of Fujian province, is the world's largest manufacturer of lithium-ion batteries, used in a range of consumer products such as cellular phones, robots and drones, and electric vehicles.
A growing number of European businesses are setting up two separate supply chain systems – one for China and the other for the rest of the world. Photo: Shutterstock
China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

The findings show how European firms must maintain a delicate balancing act between China’s tight security and focus on self-reliance.

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HKEX

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After a near-decade of distant relations, the two countries are ‘forging a new partnership’.

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Canadian Prime Minister Mark Carney told Chinese President Xi Jinping on Friday that “together we can build on the best of what this relationship has been in the past”. Photo: Reuters
Hong Kong economy

Thousands of passenger, cargo drones will fill Hong Kong skies in decade: expert

Mainland Chinese eVTOL leader AutoFlight will spread wings in Hong Kong amid global push into flying taxi market.

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Electric & new energy vehicles

China’s CATL, Nio deepen partnership to develop extended-life EV batteries

Joint effort highlights urgency as industry – including 40 million EV owners – braces for costly replacements.

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China economy

Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

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Vehicles awaiting export at the Nanjing Port Longtan area operated by Jiangsu Port Group in Nanjing, in China’s eastern Jiangsu province, on December 8. Photo: AFP
Semiconductors

Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

The two companies expect to launch Tongxin Micro Technology as a developer of automotive domain controller chips.

Electric & new energy vehicles

CATL poised to bring Yichun lithium output back online after licence lapse

With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.

Artificial intelligence

AI-for-Science start-up DP Technology raises US$114 million in Series C round

The Beijing-based AI-for-Science firm said the Series C round would fund hiring and R&D, as interest grows in using AI to speed up scientific discovery.

AI for Science (AI4S) startup DP Technology announced on Wednesday that it had completed Series C financing round, raising over 800 million yuan. Photo: Handout
SCMP Highlights

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

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BYD’s confidence in Brazil was reinforced in October with the opening of the company’s large passenger vehicle factory in Camacari, in the northeastern state of Bahia. Photo: Handout
Robotics

CATL marks trailblazing deployment of humanoid robots at scale in China plant

The initiative underscores the growing use of intelligent Chinese-made robots in the country’s manufacturing industry.

European Union

Opinion | A complicated new EU-China showdown is quietly taking shape

For now, both sides still need each other and there is nowhere else to turn. But behind this reliance, irritation and paranoia are rising.

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Going Global

Chinese companies expand globally

Chinese firms are investing in overseas factories and marketing to develop global brands. Domestic price wars are pushing more companies to go global – “chuhai” in Chinese – in search of new growth opportunities.

Chinese companies expand globally
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Hong Kong to keep IPO crown in 2026 on mega deals and return of US capital: UBS

A pipeline of mega listings, returning US investors and looser global monetary policy will help Hong Kong extend its IPO rebound next year.

UBS forecast that the city’s benchmark Hang Seng Index could climb to 30,000 points next year. Photo: Shutterstock
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Opinion | How Hong Kong can distinguish itself as a climate finance hub

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Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

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Electric & new energy vehicles

Opinion | Battery revolution set to spark Global South’s century of prosperity

The rise of the sodium-ion battery promises to supercharge a green energy transition that will help level the global playing field.

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Workers inspect solar panels, an increasingly popular sustainable energy option for homes and businesses to generate electricity, in Mosul, Iraq, on July 9. Photo: Reuters
Electric & new energy vehicles

Co-founder of EV battery giant CATL pockets US$239 million from 1% stake sale

Huang Shilin retains more than 9 per cent of CATL, whose shares have skyrocketed in Shenzhen and Hong Kong.

Stocks

CATL’s stellar run and record premium come up against doubling of stock supply

The availability of 76 million CATL shares in Hong Kong following the expiry of a six-month lock-up period could impede the gains.

Banking & finance

Huawei-powered Chinese EV maker Seres seeks US$1.7 billion in Hong Kong listing

The company aims to build an open ecosystem through long-term partnerships with Huawei and Contemporary Amperex Technology.

Seres positions itself as a technology company that develops, manufactures and sells new energy vehicles and their core components. Photo: Xinhua
US-China trade war

China’s shift to higher-end exports lifts margins as US reliance shrinks: report

Since trade war began in 2018, Chinese firms have expanded their global footprint, strengthened supply chains and diversified routes, Goldman Sachs finds.

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Shoppers in Bangkok, Thailand, look at China-made Pop Mart figurines, which are in high demand abroad, boosting exports to regions such as Southeast Asia, according to Goldman Sachs. Photo: AFP
China's economic recovery

Open Questions | Liu Qian on Chinese innovation, the US rivalry and women holding up half the sky

Economist, business executive advocates looking beyond geopolitics, avoiding policy pitfalls and building a culture that celebrates success.

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Asean

Opinion | How China is engineering Asia’s rise as the world’s leading EV factory

Systematic Chinese investments and tech transfers are being embraced, especially in Southeast Asia, in contrast to Western decoupling efforts.

IPO

Exclusive | Hong Kong ‘critical’ as investors ‘rediscover’ China: Morgan Stanley

City’s capital market lets innovative Chinese companies ‘position longer-term value propositions to the global investor base’, banker says.

Shane Zhang, head of Asia-Pacific investment banking at Morgan Stanley. Illustration: Lau Ka-kuen
IPO

Zijin Gold makes solid Hong Kong trading debut as shares jump 56%

Three mainland Chinese companies make strong debuts, adding to Hong Kong’s lustre as world’s leading fundraising venue.

The headquarters of Zijin Mining Group, the parent firm of Zijin Gold International, in southeastern Fujian province. Photo: Shutterstock
Open Questions series

Open Questions | Economist Liu Qian on China’s innovation, rivalry with US

From DeepSeek to WeChat, China innovates differently, says Liu, who also weighs in on the Thucydides Trap and Chinese women’s advancement.

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Banking & finance

Zijin Gold delays US$3.2 billion listing as super typhoon hits Hong Kong

Hong Kong’s second-largest IPO this year has garnered significant interest from retail investors.

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