Updated
Updated · Bloomberg · May 6
CATL Hong Kong shares see bearish bets unwind after share sale
Updated
Updated · Bloomberg · May 6

CATL Hong Kong shares see bearish bets unwind after share sale

9 articles · Updated · Bloomberg · May 6
  • Short interest fell to 15.4% of free float by Monday from about 26% a week earlier, reaching its lowest level since December, according to S3 Partners data.
  • The $5 billion offering last week increased shares available for shorting, lowered borrowing costs and helped push the number of shorted shares to a five-week low.
  • Attention has shifted from bearish positioning to the battery maker's growth outlook after the blockbuster Hong Kong sale.
With short sellers retreating, can CATL's new 1,000km-range battery technology truly justify the market's soaring confidence?
As CATL industrializes cheaper sodium-ion batteries, could this tech disrupt the EV market and its own lithium-based dominance?
CATL targets solid-state batteries by 2027, but what hidden manufacturing hurdles could derail its race against global rivals?