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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.
The index compiler has made some changes to the various Hang Seng indices in its latest review. Photo: Jonathan Wong
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

China-EU relations

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

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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.

A growing number of European businesses are setting up two separate supply chain systems – one for China and the other for the rest of the world. Photo: Shutterstock
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.

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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.

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.

Contemporary Amperex Technology makes another semiconductor-related investment. Photo: Shutterstock
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.

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.

Built by start-up Spirit AI, the Xiaomo humanoid robot works on the assembly line of electric vehicle battery giant Contemporary Amperex Technology. Photo: CATL
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.

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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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Electric & new energy vehicles

Opinion | Battery revolution set to spark Global South’s century of prosperity

The rise of the sodium-ion battery promises to supercharge a green energy transition that will help level the global playing field.

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Workers inspect solar panels, an increasingly popular sustainable energy option for homes and businesses to generate electricity, in Mosul, Iraq, on July 9. Photo: Reuters
Electric & new energy vehicles

Co-founder of EV battery giant CATL pockets US$239 million from 1% stake sale

Huang Shilin retains more than 9 per cent of CATL, whose shares have skyrocketed in Shenzhen and Hong Kong.

CATL batteries power more than a third of electric cars around the world, according to an analyst. Photo: Getty
Stocks

CATL’s stellar run and record premium come up against doubling of stock supply

The availability of 76 million CATL shares in Hong Kong following the expiry of a six-month lock-up period could impede the gains.

Banking & finance

Huawei-powered Chinese EV maker Seres seeks US$1.7 billion in Hong Kong listing

The company aims to build an open ecosystem through long-term partnerships with Huawei and Contemporary Amperex Technology.

US-China trade war

China’s shift to higher-end exports lifts margins as US reliance shrinks: report

Since trade war began in 2018, Chinese firms have expanded their global footprint, strengthened supply chains and diversified routes, Goldman Sachs finds.

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Shoppers in Bangkok, Thailand, look at China-made Pop Mart figurines, which are in high demand abroad, boosting exports to regions such as Southeast Asia, according to Goldman Sachs. Photo: AFP
China's economic recovery

Open Questions | Liu Qian on Chinese innovation, the US rivalry and women holding up half the sky

Economist, business executive advocates looking beyond geopolitics, avoiding policy pitfalls and building a culture that celebrates success.

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Illustration: Victor Sanjinez Garcia
Asean

Opinion | How China is engineering Asia’s rise as the world’s leading EV factory

Systematic Chinese investments and tech transfers are being embraced, especially in Southeast Asia, in contrast to Western decoupling efforts.

IPO

Exclusive | Hong Kong ‘critical’ as investors ‘rediscover’ China: Morgan Stanley

City’s capital market lets innovative Chinese companies ‘position longer-term value propositions to the global investor base’, banker says.

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