CATL Stock
CATL shares plunge after posting weaker-than-expected earnings
At press time, CATL was down 8.64 percent on volume that hit a single-day high since its 2018 IPO in less than half a trading day.
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CATL shares plunge as investors worry about rising costs affecting profits
Rumors surfaced yesterday that CATL may post earnings of less than RMB 5 billion in the first quarter, falling short of market expectations.
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CATL addresses concerns after shares fall 20% in past two months
While there are other players who will rely on low prices to compete for market share, CATL has the lowest costs and highest reliability of supply, it said.
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CATL overtakes China's biggest bank to become 2nd largest firm in A-share market
Investors expect CATL to be included in the CSI 300 Index, pushing it up 6.57 percent to a new all-time high of RMB 681.
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CATL has so much cash that it will invest another $850 million in wealth management products
As China's largest power battery supplier, how to manage idle cash is a question CATL needs to think about.
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Nio battery supplier CATL's market cap touches RMB 1 trillion for first time
CATL rose about 5% to RMB 429.9 as of 10:19 a.m. Beijing Time, breaking above its January 8, 2021 high to a new all-time high and putting its market cap above RMB 1 trillion.
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