Contemporary Amperex Technology Stock Forum

Fortune announced that it published the Fortune China Top 50 Techs list for the first time this year, in an attempt to identify China-born technology companies that are influencing the world.
The companies on the list included $Huawei Hongmong (BK0795)$ , $BYD COMPANY (01211.HK)$ $Contemporary Amperex Technology (300750.SZ)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $BIDU-SW (09888.HK)$ $ByteDance (FT0001.FT)$ $JD-SW (09618.HK)$ $LENOVO GROUP (00992.HK)$ $XPENG-W (09868.HK)$ $WUXI XDC (02268.HK)$ , etc. ...

In Q2 2024, $Contemporary Amperex Technology (300750.SZ)$ achieved revenue of 86.996 billion yuan, down 13.18% YoY but up 9.06% QoQ.
Net profit was 12.355 billion yuan, up 13.4% YoY and 17.55% QoQ.

$Contemporary Amperex Technology (300750.SZ)$ has surpassed Kweichow Moutai, with Tencent Holdings becoming the third-largest holding for public mutual funds. As of the end of Q2 this year, the top 50 holdings of public mutual funds are primarily distributed across consumer goods and services, as well as the information technology sector.

Russia's Nornickel is in talks with several Chinese battery companies to build a plant jointly producing nickel material from Russian semi-finished products.-Reuters
CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel.
$Contemporary Amperex Technology (300750.SZ)$

After a market value drop of 800 billion yuan, Morgan Stanley referred to $Contemporary Amperex Technology (300750.SZ)$ as a "true high dividend" stock. They highlighted CATL's 3% dividend yield as a potential support for its stock price and noted that the company faces lower risks to profitability compared to other high dividend stocks in China. Morgan Stanley maintains an overweight rating for CATL, with a target price of 230 yuan per share, about 50 yuan high...

All automakers and battery companies are racing to make charging as fast as refueling. From the introduction of 3C batteries in 2022 to the rollout of 4C and 5C in 2023, electric vehicles are now advancing into the 6C era. Industry insiders suggest that achieving 6C while maintaining higher energy density may involve a hybrid material system of iron lithium and ternary materials, marking a new direction in the industry. $Contemporary Amperex Technology (300750.SZ)$ $BYD COMPANY (01211.HK)$
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$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
As some Chinese electric vehicles (EVs) are just beginning to carry batteries that support 5C charging, the two local battery giants are reportedly competing to develop the next generation of batteries with even faster charging.
CATL plans to launch power batteries with a charging multiplier of 6C in the second half of 2024, the second generation of its Qilin Battery , local media outlet 36kr said...

Chinese battery makers are tumbling on Friday morning, with a gauge tracking this sector falls by 2.6%. The battery giant $Contemporary Amperex Technology (300750.SZ)$ extends its decline to about 5%.

Reports indicate this unprecedented industry project is led by relevant government ministries, encouraging capable companies to conduct research and development on solid-state battery technologies.
$BYD COMPANY (01211.HK)$ $Contemporary Amperex Technology (300750.SZ)$ $GEELY AUTO (00175.HK)$ $NIO-SW (09866.HK)$ $XPENG-W (09868.HK)$

"Whoever can push the company's products overseas is the hero of the company," the chairman of Chinese battery giant $Contemporary Amperex Technology (300750.SZ)$ , wrote in an internal letter for the company's global expansion.
$Tesla (TSLA.US)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $NIO-SW (09866.HK)$