CALB Stock
Power battery giant CALB plunges over 30% in HK before greenshoe option expires Friday
This sent the company's market capitalization down to HK$41.1 billion, down HK$20.9 billion from about HK$62 billion at the opening of trading today.
CALB goes public in Hong Kong, aims to be among world's top 3 battery makers
CALB hopes to reach the top five in the global electric vehicle battery market within a year and become one of the top three in three to five years, its chairwoman said.