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CATL Stock Surges on JPMorgan Upgrade and China’s Energy Storage Boom
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CATL Stock Surges on JPMorgan Upgrade and China’s Energy Storage Boom
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, grabbed the spotlight again after JPMorgan’s upgrade sent its shares higher. This move reflected rising optimism around CATL’s earnings outlook and China’s aggressive push into battery energy storage systems. CATL Soars on JPMorgan Upgrade and Earnings Boost CATL’s Hong Kong-listed shares jumped 10.2% to HK$476.8, their highest since the company’s May listing. It…
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