CATL Shareholder Transfers HK$5.93 Billion Stake from Goldman Sachs to HSBC

Stock News08:55

On April 24, a shareholder of Contemporary Amperex Technology Co., Limited transferred shares with a market value of HK$5.928 billion from Goldman Sachs (Asia) Securities to The Hongkong and Shanghai Banking Corporation Limited. The transferred stake represents approximately 5.41% of the company's total shares. Separately, CATL reported its financial results for the first quarter of 2026, with operating revenue reaching 129.131 billion yuan, a year-on-year increase of 52.45%. Net profit attributable to shareholders of the listed company was 20.738 billion yuan, up 48.52% compared to the same period last year. Basic earnings per share stood at 4.58 yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment