理解市场 | 宁德时代低开逾 4% 小摩称当前估值较为合理 基石投资者禁售期将于下月到期
CATL opened down over 4%, and as of the time of writing, it has fallen 4.01% to HKD 586, with a trading volume of HKD 50.066 million. In terms of news, JP Morgan downgraded CATL's Hong Kong stock rating from "Overweight" to "Neutral," stating that the current valuation is relatively reasonable; at the same time, it raised the target price by 13% to HKD 600. Analysts wrote in the report that the lock-up period for cornerstone investors holding nearly 50% of the issued Hong Kong stocks will expire on November 19, which may bring some selling pressure and create technical price pressure above. The new target price is based on a 30 times price-to-earnings ratio for the 2026 earnings forecast
According to the Zhitong Finance APP, CATL (03750) opened down more than 4%, and as of the time of writing, it has fallen by 4.01%, trading at HKD 586, with a transaction volume of HKD 50.066 million.
In terms of news, JP Morgan downgraded CATL's Hong Kong stock rating from "Overweight" to "Neutral," stating that the current valuation is relatively reasonable; at the same time, it raised the target price by 13% to HKD 600. Analysts wrote in the report that the lock-up period for cornerstone investors holding nearly 50% of the issued Hong Kong stocks will expire on November 19, which may bring certain selling pressure and create technical upward price pressure. The new target price is based on a 30 times price-to-earnings ratio for the 2026 profit forecast
