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CATL Shares Slide After Co-Founder Announces Stake Sale

CATL Shares Slide After Co-Founder Announces Stake Sale

Author:

Global Cryptocurrency

Published:

2025-11-17 17:19:01

19

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BTCCSquare news:

Contemporary Amperex Technology Co. (CATL) saw its shares tumble following news that co-founder Huang Shilin plans to offload 1% of his holdings. The Shenzhen A-share listing dropped 5.4%, with Hong Kong-listed shares also declining. Though the sale will occur via institutional placements rather than open markets, investor sentiment soured amid broader pressures in China's battery sector.

Lock-up expirations compound the pressure—77.5 million cornerstone shares become tradable starting November 19. Analysts at Changjiang Securities counter the bearish MOVE by highlighting CATL's projected 30% lithium demand growth by 2026, framing the dip as a potential entry point.

By:

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