Chinese Stocks Rebound Ahead of Expected New Energy Battery Stimulus

MT Newswires Live2025-11-13

Chinese equities rebounded after a day of losses as investors are looking forward to stimulus for the new energy battery sector.

The Shanghai Composite Index climbed 0.7%, or 29.36 points, to finish Thursday's trade at 4,029.50. The Shenzhen Component Index jumped 1.8%, or 235.91 points, to 13,476.52.

The Ministry of Industry and Information Technology is expected to introduce measures that seek to boost the new energy battery sector and its infrastructure usage, prompting investors to significantly buy new energy stocks.

In corporate news, Beijing HyperStrong Technology (SHA:688411) skyrocketed by 20% after purchasing at least 200 gigawatt-hours of energy from Contemporary Amperex Technology (SHE:300750, HKG:3750) or CATL.

Hubei Wanrun New Energy Technology (SHA:688275) surged 17.8% amid plans to transfer 93.3 million yuan of capital from one subsidiary to another.

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