Movement Alert|CALB Group Falls 5.05% in Regular Trading, Lithium Battery Sector Under Pressure as CATL Divests Upstream Supplier Stakes

Market Focus06-10

On June 10, CALB Group fell 5.05% in regular trading, trading at 24.84 HKD/share, with trading volume of 28.6 million HKD. The decline extends the stock's recent downtrend amid broad-based selling across the lithium battery sector.

On the news front, Hunan Yuneng disclosed a pre-announcement that major shareholders CATL and Jinsheng New Materials, both holding over 7% stakes, simultaneously unveiled large-scale share reduction plans. If fully executed, both entities' holdings would fall below 5%, signaling weakening confidence from leading industry players in upstream supply chain investments. This triggered widespread selling across the lithium battery value chain.

Adding to the headwinds, lithium carbonate futures have broken below the 170,000 yuan/ton level, with warehouse receipts surging to a record 56,000 tons, accelerating the conversion of hidden inventory into visible supply and further depressing market sentiment. Within the Auto Parts and Equipment sector, Minth Group fell 8.21%, Johnson Electric fell 7.85%, and Hesai-W fell 5.78%, reflecting sector-wide pressure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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