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CATL’s Hong Kong-Shenzhen Premium Grows After JPMorgan Upgrades Its Stock
Summary by South China Morning Post
4 Articles
4 Articles
CATL Jumps on JPMorgan Upgrade, China Energy Storage Plan
(Bloomberg) — Contemporary Amperex Technology Co. Ltd.’s shares surged as a prominent analyst upgrade and expectations for stronger demand for its energy storage system business fueled bullish bets on the battery maker.
·Canada
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The share price of Chinese CATL, which is building a factory in Debrecen, soared to a new high on Monday after JPMorgan upgraded the company and news of an imminent breakthrough in solid-state batteries exploded. The company, which is also key for Hungarian investment, thus confirmed its global leadership role, and investors literally stormed its shares.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
Factuality
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