CATL(SZ:300750) 智通财经网·2025-11-18 05:57Core Viewpoint - CATL's stock has experienced a decline of over 4%, currently trading at 506 HKD, with a trading volume of 9.42 billion HKD. The upcoming unlocking of approximately 77.5 million shares held by cornerstone investors of its H-share IPO is a significant factor influencing market sentiment [1] Group 1: Stock Performance - CATL's H-share stock price has dropped by 3.8% to 506 HKD, with a trading volume of 9.42 billion HKD [1] - Morgan Stanley has adjusted its target price for CATL's H-shares from 600 HKD to 575 HKD, indicating only a 6% upside potential from the current price [1] Group 2: Shareholder Actions - Major shareholder Huang Shilin is inquiring about transferring A-share holdings at a price of 376.12 RMB per share, representing a discount of 21.8% compared to the H-share closing price of 526 HKD [1] - The inquiry for share transfer received 55 valid bids from various institutional investors, with a total subscription of 147 million shares, resulting in a subscription multiple of 3.2 times [1] Group 3: Market Outlook - Morgan Stanley maintains a positive outlook on CATL's A-shares, viewing it as a preferred choice in China's battery supply chain, with a target price of 480 RMB, suggesting a 19% upside potential from the latest closing price [1]