CATL(SZ:300750) Mei Ri Jing Ji Xin Wen·2025-10-02 02:08Group 1 - The Hong Kong stock market opened slightly higher on October 2, with the Hang Seng Index at 26,918 points, up 62 points, a 0.23% increase, and the Hang Seng Tech Index at 6,483 points, up 17 points, a 0.27% increase [1] - Contemporary Amperex Technology Co., Limited (CATL) opened nearly 5% higher, with its stock price surpassing 600 HKD. The premium of CATL's H-shares over its A-shares reached 36.63% as of today [3] - According to Pacific Securities, CATL achieved revenue of 178.886 billion RMB in the first half of 2025, a year-on-year increase of 7.27%, and a net profit attributable to shareholders of 30.485 billion RMB, up 33.33% year-on-year. The company continues to lead in global market share and battery production, with steady improvements in profitability and an accelerated global layout [5] Group 2 - New Ming China experienced a significant stock drop of over 80%, with its stock price hitting a low of 0.51 HKD, resulting in a market capitalization of less than 60 million HKD. The company reported a mid-term loss of 137 million RMB, compared to a loss of 335 million RMB in the same period last year [5] - In the market, tech stocks showed mixed performance, with Kuaishou rising over 4%, Alibaba and JD.com up over 2%, while NetEase and Bilibili fell over 2% and 1% respectively. Gold stocks saw gains, with Zijin Mining International up over 9% [7] - Galaxy Securities indicated that October is a critical window for policy layout, with expectations for the capital market to remain stable and potentially improve. Both A-shares and Hong Kong stocks may benefit from long-term policy layouts and a relatively loose liquidity environment [7]