Core Viewpoint - CATL's H-shares experienced a significant decline, with a maximum drop of over 8% during trading, while its A-shares only fell by about 3%, indicating a disparity in performance between the two markets [1][3]. Group 1: H-share Performance - Since October 3, CATL's H-shares have dropped from a high of 614 HKD to a current low of 467.2 HKD, marking a cumulative decline of over 23% [1][3]. - The H-share IPO price was 263 HKD, and even at the lowest price today, cornerstone investors have made a profit of 77% within six months [6]. Group 2: Market Dynamics - The disparity in performance is attributed to the unlocking of shares for cornerstone investors, which occurred today, six months post-IPO [3]. - CATL's H-shares are considered one of the most successful IPOs in the Hong Kong market this year, enhancing the overall attractiveness of the market [6]. Group 3: Upcoming Unlocking Events - The Hong Kong market is expected to face a "unlocking wave" in the coming month, with several companies, including Sanhua Intelligent Control and Hengrui Medicine, having their cornerstone shares unlocked on November 23 [6][7]. - Other companies to watch for unlocking include Jihong Co. and Peig Biological Medicine on November 27, and Chow Tai Fook and Yaojie Ankang in December, with significant profits for cornerstone investors in these cases as well [7].
港股“子”曰 | 潜在抛盘来袭 这些股票要小心！