BUZZ-China's CATL jumps on report of co mulling US plant if Trump allows

Reuters2024-11-13
BUZZ-China's CATL jumps on report of co mulling US plant if Trump allows

** Shares of world's top battery maker CATL 300750.SZ jump 5.6% to 288.2 yuan, highest since Oct. 8

** Stock set for biggest one-day pct rise since Oct. 18

** Will consider building an U.S. plant if President-elect Donald Trump opens the doors to Chinese investment in EV supply chain, CATL's founder and chairman, Robin Zeng, tells Reuters

** Zeng's comments were the first made by any major Chinese supplier to U.S. automakers since Trump's election win

** Shenzhen-listed CATL up 73.5% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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