宁德时代股价回调，机构称H股溢价可能会持续

Group 1 - Ningde Times' A-shares and H-shares both experienced declines on May 26, with A-shares dropping 4.15% to 255.9 yuan per share and H-shares falling 2.61% to 314 HKD per share, indicating a pullback from last week's highs [2] - The H-shares of Ningde Times were listed on the Hong Kong Stock Exchange on May 20, with a notable premium over A-shares, which is rare in the Hong Kong market [2] - The premium of H-shares over A-shares is attributed to several factors, including different investor structures in the two markets, increased demand from international funds, and heightened interest in the zero-carbon economy and renewable energy sectors [2] Group 2 - Credit Lyonnais reaffirmed a "highly confident outperform" rating for Ningde Times, setting a target price of 385 HKD, suggesting that the current H-share premium may represent a new norm for dual-listed companies [3] - The H-share premium of 11% for Ningde Times is believed to be driven by optimistic sentiment following its Hong Kong listing, with expectations that this premium may persist even after initial market excitement [3]