CATL's Third-Quarter Profit Slows as Shares Plunge
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On 20 October 2026, the South China Morning Post reported that CATL's third-quarter net profit unexpectedly slowed. After the news was announced, the company's Shenzhen shares continued to fall more than 10 per cent in Wednesday morning trading, while its Hong Kong shares fell 8.6 per cent. The report cited analysts warning that the world's largest electric-vehicle battery maker may be dragged down next year by slowing demand in China's electric-vehicle industry.
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- 南華早報·商業CATL's Third-Quarter Net Profit Unexpectedly Slows, Shenzhen Shares Fall More Than 10%
CATL's third-quarter net profit unexpectedly slowed, with its Shenzhen shares extending losses by more than 10 per cent in Wednesday morning trading and its Hong Kong shares falling 8.6 per cent. Analysts warn the world's largest electric-vehicle battery maker may be dragged down next year by slowing demand in China's electric-vehicle industry.
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