CATL is trading 3.1% down at HK$602.00 as investors engage in profit-taking following a sharp rebound linked to the restart of its flagship lithium mine.
- The stock recently bounced after receiving safety approval to resume production at the Jianxiawo lithium mine, a key asset for the company.
- Analysts suggest today's move is driven by sector rotation and follow-on profit-taking rather than new company-specific news.
- The price action comes amid broader battery-stock weakness and high volatility across the electric vehicle supply chain sector.