CATL shares hit record premium in HK on strong earnings, energy supply shock
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Shares of Contemporary Amperex Technology (CATL) reached a record premium in Hong Kong, driven by strong earnings and energy supply disruptions. CATL's Hong Kong shares surged approximately 35% following an earnings beat, resulting in a premium of 46% over its Shenzhen-listed stock. Meanwhile, mainland shares rose about 16%, widening the gap between the two listings, reminiscent of July's foreign investor demand in Hong Kong.
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