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CATL Shares Drop 8.75% as Lock-Up Expires

11/20/2025

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Summary

Story summary

Contemporary Amperex Technology Co. Ltd. (CATL) faces a test as 76 million shares become tradable in Hong Kong after a six-month lock-up expiry.
The unlock could affect CATL's 66% gain since its May debut.
On Thursday, CATL's shares dropped as much as 8.75% as investors sought to lock in profits.
Hong Kong market volatility grows with expirations for 28 companies, potentially flooding the market with HK$193.8 billion of stock.

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Story summary

Contemporary Amperex Technology Co. Ltd. (CATL) faces a test as 76 million shares become tradable in Hong Kong after a six-month lock-up expiry.
The unlock could affect CATL's 66% gain since its May debut.
On Thursday, CATL's shares dropped as much as 8.75% as investors sought to lock in profits.
Hong Kong market volatility grows with expirations for 28 companies, potentially flooding the market with HK$193.8 billion of stock.