BlackRock Cuts Stake in CATL's Hong Kong-Listed Shares

Deep News17:32

Hong Kong Stock Exchange disclosures reveal that BlackRock has trimmed its position in CATL's H shares, reducing its stake from 6.12% to 5.92% as of September 14.

The adjustment, recorded on September 17, highlights a notable shift in the global asset manager's holdings in the battery giant, which trades under the ticker 03750.HK.

This move comes amidst ongoing market dynamics, with investors closely monitoring institutional activity in the renewable energy sector. The reduced stake still leaves BlackRock as a significant shareholder in CATL, reflecting continued interest despite the recent sale.

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