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Contemporary Amperex Technology Limited (CATL)

(宁德时代)

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Contemporary Amperex Technology Limited (CATL)
宁德时代
Contemporary Amperex Technology Limited (CATL), founded in 2011 in Ningde city of Fujian province, is the world's largest manufacturer of lithium-ion batteries, used in a range of consumer products such as cellular phones, robots and drones, and electric vehicles.
People cross the street beneath a screen showing stock exchange data in Shanghai on March 9, 2026. Photo: EPA
China stock market

Chinese firms with success in global push poised to reap profit rewards

High commodity prices also a factor as mainland-listed firms set to continue outperforming Hong Kong peers battered by ‘involution’.

Electric & new energy vehicles

CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

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US objectives in Iran are ‘pretty well complete’ but the war could continue if Tehran attempted to stop global oil supplies, Trump says.

US President Donald Trump on Monday threatened a larger attack on Iran if it blocks supplies of oil. Photo: AFP
Electric & new energy vehicles

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

Two Sessions 2026

China works to build slow, steady stock markets, rejecting norm of boom and bust

Beijing is emphasising gradual growth in its policies for capital markets, encouraging dividend payouts and drawing a contrast with the West.

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EVs: Companies

China’s EV battery leader CATL to step up use of AI in R&D: founder

Billionaire Robin Zeng Yuqun promises higher investment, touts ‘resilient supply chain and ecosystem’ driving export growth.

A CATL battery design is displayed at an automotive trade show in Munich on September 5, 2023. Photo: Xinhua
My Take

My Take | China and the UN are not the problem in Ukraine and Palestine – the West is

Europe and America’s warmongering and genocide-enabling are at the roots of the world’s most dangerous geopolitical flashpoints.

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Hong Kong stock market

CATL, CMOC Group, Laopu Gold join Hang Seng Index in latest quarterly review

The three companies will be added to the gauge after the market close on March 6, while car dealer Zhongsheng Group will be removed.

Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says.

Shanghai-based Nio is the only mainland carmaker that builds swap-ready EVs. Photo: Facebook/Nio
China-EU relations

Exclusive | China and Spain in talks for PM Pedro Sanchez to visit Beijing – again

Sanchez is expected to become the latest Western leader to go to the Chinese capital as the US’ policies prompt a reassessment.

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Spanish Prime Minister Pedro Sanchez has made three trips to China in three years. Photo: EPA-EFE
China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

The findings show how European firms must maintain a delicate balancing act between China’s tight security and focus on self-reliance.

Electric & new energy vehicles

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

HKEX

New energy, AI, EV and biotech to drive Hong Kong IPO growth: HKEX

11 companies raised US$4 billion in Hong Kong in the first three weeks of 2026, with hundreds more lining up to list, Bonnie Chan says.

HKEX will continue to help innovators access capital more efficiently, says Bonnie Chan. Photo: Edmond So
China-Canada relations

Xi Jinping and Mark Carney refresh China-Canada ties with ‘historic’ state visit

After a near-decade of distant relations, the two countries are ‘forging a new partnership’.

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Canadian Prime Minister Mark Carney told Chinese President Xi Jinping on Friday that “together we can build on the best of what this relationship has been in the past”. Photo: Reuters
Hong Kong economy

Thousands of passenger, cargo drones will fill Hong Kong skies in decade: expert

Mainland Chinese eVTOL leader AutoFlight will spread wings in Hong Kong amid global push into flying taxi market.

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Electric & new energy vehicles

China’s CATL, Nio deepen partnership to develop extended-life EV batteries

Joint effort highlights urgency as industry – including 40 million EV owners – braces for costly replacements.

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China economy

Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

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Vehicles awaiting export at the Nanjing Port Longtan area operated by Jiangsu Port Group in Nanjing, in China’s eastern Jiangsu province, on December 8. Photo: AFP
Semiconductors

Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

The two companies expect to launch Tongxin Micro Technology as a developer of automotive domain controller chips.

Electric & new energy vehicles

CATL poised to bring Yichun lithium output back online after licence lapse

With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.

Artificial intelligence

AI-for-Science start-up DP Technology raises US$114 million in Series C round

The Beijing-based AI-for-Science firm said the Series C round would fund hiring and R&D, as interest grows in using AI to speed up scientific discovery.  

AI for Science (AI4S) startup DP Technology announced on Wednesday that it had completed Series C financing round, raising over 800 million yuan. Photo: Handout
SCMP Highlights

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

BYD’s confidence in Brazil was reinforced in October with the opening of the company’s large passenger vehicle factory in Camacari, in the northeastern state of Bahia. Photo: Handout
Robotics

CATL marks trailblazing deployment of humanoid robots at scale in China plant

The initiative underscores the growing use of intelligent Chinese-made robots in the country’s manufacturing industry.

European Union

Opinion | A complicated new EU-China showdown is quietly taking shape

For now, both sides still need each other and there is nowhere else to turn. But behind this reliance, irritation and paranoia are rising.

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Going Global

Chinese companies expand globally

Chinese firms are investing in overseas factories and marketing to develop global brands. Domestic price wars are pushing more companies to go global – “chuhai” in Chinese – in search of new growth opportunities.

Chinese companies expand globally
Hong Kong stock market

Hong Kong to keep IPO crown in 2026 on mega deals and return of US capital: UBS

A pipeline of mega listings, returning US investors and looser global monetary policy will help Hong Kong extend its IPO rebound next year.

UBS forecast that the city’s benchmark Hang Seng Index could climb to 30,000 points next year. Photo: Shutterstock
Climate change

Opinion | How Hong Kong can distinguish itself as a climate finance hub

The city should lead by directing capital to projects that modernise grids, electrify transport and accelerate green supply chains.

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China trade

Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

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