On August 11, CATL rose 3.04% in regular trading, trading at 661.5 HKD/share, with turnover of HKD 235 million. Multiple positive catalysts converged to lift market confidence.
On the news front, the company's after-market service brand Ning Home Service launched its annual brand day on August 10, with ten global stations simultaneously opening across cities including Hangzhou, Guangzhou, Hong Kong, Istanbul, and Oslo. The company announced that its directly-operated experience centers will gradually land in 100 cities worldwide in the second half of the year, marking formal entry into a phase of scaled expansion.
On the same day, CATL recorded the largest block trade in the A-share market, with an institutional buyer acquiring 780,000 shares at RMB 393.87 per share, totaling RMB 307 million. These developments are further underpinned by the company's ongoing RMB 20-40 billion share buyback program approved in late July, as well as its recently implemented mid-year dividend of approximately RMB 6.18 billion.
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