Group 1 - The core viewpoint of the article highlights that Zhengli New Energy (3677.HK) experienced a significant stock price increase of approximately 6%, reaching HKD 11.92, with a total market capitalization of HKD 29.8 billion [1] - According to the report by CMB International, the battery industry in China is expected to see strong growth by 2025, driven by increased demand for power batteries and rapid growth in the energy storage sector due to energy transition [1] - CMB International has initiated coverage on Zhengli New Energy with a "Buy" rating and a target price of HKD 18, citing the company's low historical burden, high operational efficiency, and optimized customer structure as key drivers for sales and profit growth [1] Group 2 - Despite CATL and BYD holding approximately 70% of the Chinese power battery market, Zhengli New Energy's current market share of 2% indicates significant room for growth [1] - Zhengli New Energy has been included in the Hong Kong Stock Connect program, effective from September 8, which is expected to attract mainland capital, enhancing liquidity and valuation levels [1]
正力新能：股价涨6%，获“买入”评级纳入港股通