SG-CATL@EP2608A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

002747

300750

03750

003021

Next week's memo includes economic data forecasts for Japan, Germany, and China, as well as upcoming company earnings and newly listed companies. Japan's January labor cash earnings year-on-year forecast is an increase of 2.4%, and the seasonally unadjusted current account surplus is forecasted at 960 billion yen. China's February PPI year-on-year forecast is a decrease of 1.1%, while the CPI year-on-year forecast is an increase of 0.9%. Germany's January manufacturing orders month-on-month forecast is a decrease of 4.1%. Earnings announcements include Huiyu Technology, UBS, CATL, and others. Newly listed companies include Youlesai Sharing, ZHAOWEI, and ESTUN AUTOMATION

AASTOCKS

ESTUN AUTOMATION

CATL

ZHAOWEI

Next Week's Memo

688155

Shanghai SK Automation Technology Co Ltd :SAYS CO AND UNIT SIGNED CONTRACTS AND RECEIVED ORDERS FROM CONTEMPORARY AMPEREX TECHNOLOGY AND ITS SUBSIDIARIES WORTH TOTAL OF ABOUT 945 MILLION YUAN ($136.87 million) SINCE NOVEMBER 19, 2025($1 = 6.9042 Chinese yuan renminbi)

Reuters

Shanghai SK Automation Technology, Unit Sign Contracts And Receive Orders From CATL, Subsidiaries

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09618

Hong Kong stocks continued to rise, driven by technology stocks such as Alibaba, Tencent, and Xiaomi, with the Hang Seng Index closing up 1.7% at 25,757 points. Despite increasing market concerns over the Iran war, which led to a decline in U.S. stocks, Dow and Nasdaq futures rose slightly. Northbound trading recorded a net outflow of 2.188 billion yuan, and after adjustments to the Hang Seng Index constituents, CATL and Laopu Gold rose by 2.6% and 3.4%, respectively. The Hang Seng Index has accumulated a decline of 3.3% this week

JD.com

XIAOMI-W

JD-SW

BABA-W

Tencent

Alibaba

Tencent Holdings Limited

TENCENT

KraneShares 2x Long JD Daily ETF

MEITUAN

The "Market Review" reports that tech stocks lead the rise in Hong Kong stocks, with JD.com stocks dancing and pharmaceutical stocks climbing

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515030

600733

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02238

601238

CATL is expanding its battery swap ecosystem with GAC Aion and BAIC Arcfox launching new models that support its Choco-SEB solution. GAC Aion will debut a battery swap version of the Aion RT in April, while BAIC Arcfox will unveil a battery swap sedan. CATL plans to build over 3,000 battery swap stations in China by 2026, significantly enhancing its infrastructure. This initiative aims to reshape the EV charging landscape, with a focus on ultra-fast charging experiences for consumers.

CnEVPost

Hwabao WP CSI Intelligent Electric Vehicle ETF

Hua Xia CSI New Energy Vehicles ETF

BAIC BluePark

BAIC MOTOR

GAC GROUP

GAC Group

CATL's battery swap ecosystem expands as GAC and BAIC set to launch new models

01211

In January 2026, CATL held a dominant 45.2% share of the global EV battery market, with installations of 32.5 GWh, while BYD accounted for 13.8% with 9.9 GWh. Together, they represented 59% of total global installations of 71.9 GWh, which increased by 10.7% year-on-year. The combined market share of major South Korean manufacturers fell to 12%. CATL's growth was attributed to increased demand, while BYD's share declined due to a drop in vehicle sales in China. Other notable players included LG Energy Solution and Panasonic, with shares of 6.6% and 4.3%, respectively.

- In January 2026, the combined EV battery installation volume of CATL and BYD reached 42.4 GWh, representing 59.0% of the global market.  
- CATL maintained its leading position with 32.5 GWh installed, indicating a 25.7% increase from the previous year, while BYD's share declined due to a 23.4% drop in Chinese market sales.  
- South Korean manufacturers LG Energy Solution, SK On, and Samsung SDI experienced significant declines, reducing their combined market share to 12%, affected by lower demand in the US.

BYD COMPANY

Global EV battery market share in Jan 2026: CATL 45.2%, BYD 13.8%

Contemporary Nebula Technology Energy (CNTE) has unveiled its latest innovation, the STAR H‑PLUS outdoor liquid-cooled energy storage system, at KEY Energy 2026. This multifunctional system features intelligent thermal control, high energy density, and simplified operation, catering to global energy storage needs. With a capacity of 125 kW / 254 kWh, it allows for efficient transport and storage. The system operates quietly at 65 dB, is designed for easy maintenance, and complies with international standards, making it suitable for various applications worldwide.

prnewswire

13:37 ETCNTE a KEY ENERGY 2026: l'azienda presenta il sistema di accumulo di energia raffreddato a liquido per esterni STAR H‑PLUS

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Hong Kong Stocks End Mixed as Investors Assess China Growth Target; CATL Gains on AI Push

marketscreener

TRACKER FUND

CSOP HSI ETF

FI CSOP HSI

FI2 CSOP HSI

Hang Seng Index

FL2 CSOP HSI

ISHARESHSI

ISHARESCSI300

China Southern Hang Seng ETF

Hong Kong Stocks End Mixed as Investors Assess China Growth Target; CATL Gains on AI Push

CATL to Boost AI Usage for R&D, Founder Says; Hong Kong Shares Rise 5%

CATL to Boost AI Usage for R&D, Founder Says; Hong Kong Shares Rise 5%

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The three major A-share indices opened higher, rising between 0.7% and 2.3%. The central parity rate of the RMB against the US dollar was raised by 117 points, and the People's Bank of China conducted a reverse repurchase operation of 23 billion yuan. Domestic bank stocks opened lower, the three major oil companies retreated, while gold-related stocks and chip stocks performed well. Contemporary Amperex Technology Co., Ltd. and BYD opened higher, and AI chip stock Cambricon opened up 2.8%. Muxi Co., Ltd. expects a narrowing of losses in the first quarter

ChinaAMC Gold ETF

VanEck Junior Gold Miners ETF

SD-GOLD

Guotai CSI All Share Integrated Circuit ETF

Sprott JR Gold Miners ETF

Guotai CSI Computer Theme ETF

Direxion Semicon Bull 3X

China Southern CSI Semiconductor Industry Custom ETF

iShares Gold Trust

VanEck Gold Miners ETF

YieldMax Gold Miners Opt Inc Strgy ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

SPDR S&P Semicon

iShares MSCI Global Gold Miners

Gold.com

ZHONGJIN GOLD

ChinaAMC Guozheng Semiconductor Chip ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Roundhill Gold Miners Weeklypay ETF

First Trust Nasdaq Food & Semicon

VanEck Semiconductor ETF

Tianhong CSI Computer Theme ETF

Direxion Daily Gold Miners Bear 2X

Sprott GLD Miners Etf

Invesco Semiconductors ETF

The three major A-share indices of Shanghai and Shenzhen opened high by 0.7% to 2.3%, chip stocks performed well, and the three major oil companies retreated

China's EV battery leader CATL plans to enhance its use of AI in R&D to strengthen its technological edge and expand its global presence. Founder Robin Zeng Yuqun announced increased R&D spending during the annual legislative meetings, emphasizing the importance of a resilient supply chain and indigenous innovation. CATL aims to promote its technologies and standards internationally while continuing to grow its overseas production bases. The company is also aligned with industry trends towards AI integration in automotive technology, as other major carmakers focus on improving AI capabilities and autonomous driving.

SCMP

China’s EV battery leader CATL to step up use of AI in R&D: founder

Zeng Yuqun stated that in the future, there will be an increase in R&D investment, utilizing more artificial intelligence. The national support policies for renewable energy have lasted for more than 20 years, providing strategic direction for the industry and prompting companies and practitioners to form a strong industrial chain and ecological chain. Adhering to independent innovation is the key to the industry's development

Wallstreetcn

Zeng Yuqun: In the future, we will increase R&D investment by utilizing more artificial intelligence

$CATL(03750.HK)CATL’s HK stock debut underscores a shift in the EV supply chain: battery makers are no longer just component suppliers, but strategic bottlenecks. Valuation will increasingly reflect pricing power, chemistry innovation, and geopolitical resilience.

CATL HK SDR 30to1

Today’s Key News Recap

1218 | Dolphin Research Focus: 🐬 Macro/Industry 1) At 21:30 tonight, the U.S. will release the delayed Nov CPI report. The Oct print was canceled due to the prior Gov. shutdown.Consensus sees headline CPI YoY edging up to 3.1% from 3.0%, with core CPI steady at 3.0%. Both are expected at +0.3% MoM, with services vs. goods inflation in focus.An upside surprise would reinforce a hawkish stance and curb expectations for rate cuts next year. Rate-cut odds would likely be marked down...

BABA-WR

Alibaba HK SDR 5to1

Netflix

BABA's Qwen integrates with Amap; Doubao 1.8 boosts LLM performance | Daily News Recap

Why are there two Alibaba icons? 😂, I don't know either, Gemini, do you have any special thoughts? Executive Summary: A Historic Leap from Follower to Definer In the 2024-2025 cycle, as the global economic landscape undergoes drastic restructuring, the discussion on &#34;whether China can produce globally dominant enterprises&#34; has shifted from hypothetical possibilities to quantitative analysis of established facts. This report, based on exhaustive financial data, technical parameters, and market share analysis, clearly identifies ten companies with strengths in scale, technological barriers, supply chain control, and financial resilience...

ICBC

Amazon

ASML

NAURA

MIDEA GROUP

Midea Group

BOYD Gaming

JPMorgan Chase

Huawei

BYD Company Limited

BYD COMPANY-R

BYD Company

BYD HK SDR 10to1

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

TENCENT-R

Tencent HK SDR 10to1

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

Reshaping the Global Industrial Landscape: In-Depth Strategic Evaluation Report of China's Top 10 Leading Enterprises Benchmarking Against Global Giants (2024-2025)

1120 | Dolphin Research Focus: 🐬 Macro/Industry 1. The U.S. September non-farm payrolls are set to be released tonight. This is the first monthly employment report issued by the U.S. Bureau of Labor Statistics since the release of August data in September, filling the gap in official employment data caused by the previous government shutdown. The market generally expects an increase of 54,000 in non-farm payrolls for September, with the unemployment rate remaining at 4.3%. However, this data is significantly lagging, and the U.S. Bureau of Labor Statistics has clearly stated that it will not release the October non-farm report. 2. According to foreign media reports, &#34;China is considering introducing new real estate stimulus policies,&#34; leading to intraday fluctuations in real estate stocks today...

Optec International, Inc.

Broadcom

Banco Santander SA-Spon

Cisco

NVIDIA

IonQ

SEALSQ

D-Wave Quantum

Quantum

Quantum Computing

Rigetti Computing

MNSO

Direxion Semicon Bear 3X

iShares Semiconductor ETF

Semiconductor

KUAISHOU-W

Rigetti Computing - CW27

Miniso

KUAISHOU-WR

US Sep. Payroll to Due Tonight, Property “Rumors” Spark Rally | Daily News Recap

China Oct EV battery installations: CATL holds 43.00% share, BYD 21.29%.I buy some BYD shares to hold😃

1023 | Dolphin Research Focus: 🐬 Macro/Industry 1. Last night, the National Press and Publication Administration announced the approval information for domestic online games in October 2025, issuing a total of 166 licenses, including 159 for domestic online games and 7 for imported online games. The number of approved licenses in October remains at a high level. 🐬 Individual Stocks 1. $JD.com(JD.US) According to the JD.com application, JD.com, in collaboration with CATL and GAC Group, officially announced the name of the 'National Good Car' model. The new car is named 'Aion UT super', positioned as a pure electric small car...

Alphabet

Tesla

Intel

Alphabet - C

Dongpeng Holdings

EASTROC BEVERAGE

Xiaomi Corporation

XIAOMI-WR

JD-SWR

Xiaomi HK SDR 2to1

JD HK SDR 10to1

INTEL-T

JD's 'National Good Car' auctioned at a sky-high price; Alibaba's Quark AI glasses near pre-sale｜Today's Important News Recap

1021 ｜Dolphin Research Key Focus: 🐬 Macro/Industry 1. U.S. President Trump and Australian Prime Minister Albanese signed a critical minerals agreement at the White House. The core of the agreement includes each party investing $1 billion within six months to support mining and processing projects, establishing a price floor mechanism, and introducing indirect participation from Japan. The focus is on resources such as rare earths, gallium, and graphite, aiming to counter China's influence in the rare metals sector. This move is a key step for the West in restructuring the resource supply chain, attempting to break China's dominant advantage in the smelting and processing stages. However, Australia's shortcomings in processing technology and high costs are difficult to resolve in the short term...

BILIBILI-W

CHINA MOBILE

Coca Cola

Bilibili

China Mobile

CHINA MOBILE-R

Direxion Daily AMZN Bull 2X Shares

Rydx S&P500 Pure Grw

Game Boosts Bilibili's Surge; Amazon AWS Services Experience Major Outage | Today's Important News Recap

Financial Analysis

Conference Minutes

The following are the Minutes of the 3Q25 earnings call of CATL organized by Dolphin Research. For the earnings interpretation, please refer to &#34;Full Capacity Expansion! Has the King of Ning Finally Made It?&#34; 1. Review of Core Financial Information 2. Detailed Content of the Earnings Call 2.1 Management Statements 1. Domestic Capacity: Jining, Shandong (only Jining base...)

SINOPEC CORP

Pros

Sinopec Corp.

CATL (Minutes): Demand is strong, profitability does not rely on price increases

SG-CATL@EP2608A(26276.HK)

Next Week's Memo

Shanghai SK Automation Technology, Unit Sign Contracts And Receive Orders From CATL, Subsidiaries

The "Market Review" reports that tech stocks lead the rise in Hong Kong stocks, with JD.com stocks dancing and pharmaceutical stocks climbing

CATL's battery swap ecosystem expands as GAC and BAIC set to launch new models

Global EV battery market share in Jan 2026: CATL 45.2%, BYD 13.8%