Hi Folks, welcome back to Investment Income for Life! This week I want to talk about a stock that has given a lot of investors whiplash in 2026: Contemporary Amperex Technology Co., Ltd, better known as CATL (HKEX: 3750). Since its IPO on HKEX in May 2025, this stock has been on my watchlist but it just kept climbing higher and higher till almost HKD800 per share relative to its IPO price of HKD263 per share. It is the undisputed king of EV batteries, yet its Hong Kong shares have crashed from a record HK$794.50 in June to just HK$338.40 as of 22 October 2026. That is a 57% drop in about four months. So is this a bargain in the making, or a falling knife? Let’s dig into the numbers together.
1. Meet CATL, the Battery Giant
CATL was founded in 2011 and is headquartered in Ningde, Fujian. It is the
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