For Institutions
About
China's leading EV battery makers, CATL and Gotion High-tech, are expanding into shipbuilding to support Beijing's dominance in the industry. CATL plans to launch a pure electric vessel in three years, while Gotion's battery packs power a ship with 132 standard containers. China's shipbuilding firms held 65% of global orders in 2025. The US and South Korea are also increasing efforts in shipbuilding. Jiangnan Shipyard plans to build the world's first nuclear-powered container vessel by 2035.
Cinda International Research Limited maintains a Buy rating on Zijin Mining Group Co with a price target of HK$38.00. The stock closed at HK$34.32. Analyst consensus is a Strong Buy with an average price target of $5.24, indicating a -84.73% downside. J.P. Morgan also maintains a Buy rating with a HK$42.00 target.
