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Lopal Soars in China After Major Client Boosts $6.3B Battery Material Orders
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Lopal Soars in China After Major Client Boosts $6.3B Battery Material Orders
Shares of Lopal Tech hit their daily trading limit following a statement from the leading Chinese supplier of battery materials, indicating that the primary energy storage battery provider has revised its long-term order and increased its total value to as much as CNY45 billion (USD6.3 billion). The company’s stock in Shanghai [SHA: 603906] climbed 10 percent to CNY18.06 (USD2.54) during the midday trading session. In Hong Kong, shares [HKG: 246…
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