0440 GMT - Worries that Contemporary Amperex Technology could be losing market share to second-tier suppliers appear overstated to DBS Group Research analysts. Competition in China's battery sector is shifting toward companies that can provide integrated energy-system solutions, away from those that just offer supply of standalone cells, they write. CATL's business model comprises solutions for various battery types and could address customer requirements in areas including power conversion. CATL's competitive edge should strengthen as downstream customers focus on system efficiency and energy management over battery procurement costs alone, they add. DBS maintains a buy rating and target prices of 624.00 yuan and HK$925.00 on A and H shares, respectively. CATL's stock trades at 355.00 yuan in Shenzhen and HK$593.50 in Hong Kong. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
July 14, 2026 00:41 ET (04:41 GMT)
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