CATL (03750.HK) Hong Kong Hot Stock Analysis Report

1. Stock Overview
   : CATL (03750.HK) is a leading enterprise in the energy storage device/electrical equipment sector. As of November 28, 2025, its stock price was HK$472.00, with a Hong Kong market capitalization of HK$2154 billion [6].

2. Reasons for Popularity
   : Recently becoming a hot stock on the Hong Kong Hot Stock List is mainly driven by two factors. First, international institution JPMorgan Chase increased its holdings of the company by approximately 715,700 shares on November 25 at a price of HK$468.07 per share, with a total amount of HK$335 million. After the increase, its shareholding ratio reached 8.09%, showing international institutions’ confidence in the company’s long-term prospects [1]. Second, the company announced that it will increase the basic salary of employees at levels 1-6 by 150 yuan starting from January 1, 2026, and launch a Spring Festival on-duty reward program. This news has attracted widespread market attention [3][4][5].

3. Price and Trading Volume Analysis
   : On November 28, 2025, the company’s stock closed at HK$472.00, an increase of 0.43% from the previous day, with an amplitude of 2.47%; the trading volume on that day was 2.018 million shares, and the turnover was HK$945 million, which is at a normal level compared to recent average trading volume [6]. From the historical trend, the stock price has risen by 25.39% in the past 3 months and 52.47% in the past 6 months, showing a long-term upward trend [0].

1. Institutional Confidence and Market Sentiment
   : JPMorgan Chase’s increase in holdings conveys the positive attitude of large international institutions towards the company’s future development. At the same time, as a hot stock on the East Money App’s Hong Kong Hot Stock List, investor attention has significantly increased. The employee incentive policy helps enhance company cohesion and production efficiency, indirectly strengthening investors’ confidence in the company’s long-term stable development.

2. Long-term Trend and Short-term Fluctuations
   : The 52.47% increase in the past 6 months shows that the company’s stock price has been in an upward trend for a long time [0], but the latest quarterly revenue was lower than market expectations (-11.55% surprise), indicating that the company still faces certain market competition and demand pressure [0].

1. Risk Points
   : Performance fluctuation risk (latest quarterly revenue lower than expected), industry competition risk (fierce competition in the lithium battery industry, technical iteration and raw material price fluctuations affect gross profit margin and market share), valuation pressure (current Hong Kong PE is 38.34 times, need to pay attention to changes in industry valuation and macro policy impacts) [0][6].

2. Opportunity Points
   : The continuous increase in holdings by international institutions shows long-term investment value, and the employee incentive policy helps improve production efficiency and promote the company’s sustainable development.

CATL (03750.HK), as a leading enterprise in the new energy vehicle battery field, has recently become a hot Hong Kong stock due to the increase in holdings by international institutions and the employee incentive policy. The stock price has maintained an upward trend for a long time, but attention should be paid to risks such as performance fluctuations, industry competition, and valuation pressure. Investors should combine their own investment strategies and risk tolerance, comprehensively consider factors such as the company’s fundamentals, industry trends, and market sentiment, and make objective decisions.