On November 20, CATL (03750.HK) saw its share price decline by 6.56%, as nearly 50% of the locked-up shares held by cornerstone investors in its H-share IPO became eligible for sale on the same day, involving approximately 77.5 million shares. A research report by CLSA expressed optimism about CATL's prospects, anticipating that the boom in energy storage systems will continue into next year.
