Leading new energy battery manufacturer CATL (300750.SZ) once again drew attention in the A-share and Hong Kong stock markets on September 26, 2025. At one point during intraday trading, its A-share price broke through RMB 400, driving the company’s market capitalization to RMB 1.82 trillion, temporarily surpassing Kweichow Moutai (600519.SH) and elevating CATL to the position of China’s third-largest listed company, behind only ICBC and China Construction Bank.

(Image source: uSMART HK app)

On the same day, CATL’s Hong Kong shares (03750.HK) also performed strongly, reaching an intraday high of HKD 546, a record since listing, with market capitalization approaching HKD 2.1 trillion. Continuous inflows of overseas capital indicate international investors’ strong recognition of the new energy industry and CATL’s leading position. At the same time, attention in the Hong Kong market to technology manufacturing and green energy sectors continues to rise, and CATL’s strong performance has also boosted activity across the entire new energy sector.

(Image source: uSMART HK app)

Solid Global Leadership in Power Batteries

From an industry perspective, CATL has long maintained its position as the global leader in power batteries. According to industry data, in 2024, the company held a global market share of approximately 37.9% in electric vehicle battery shipments, far exceeding the second-ranked BYD (around 17.2%). In the Chinese market, CATL’s monthly market share has at times approached 42%, while its global share in energy storage batteries exceeds 40%.

CATL’s market capitalization is not purely driven by capital flows but is underpinned by its strong industrial foundation and competitive advantages. Whether in R&D investment, supply chain integration, or overseas expansion, the company demonstrates a clear leading position.

A New Trend in New Energy Market Value

CATL temporarily surpassing Kweichow Moutai marks the rise of the new energy industry as a central theme in the capital market. With global new energy vehicle penetration continuing to rise and energy storage demand accelerating, CATL is expected to further consolidate its leading position. In the coming years, as the electric vehicle and energy storage markets expand, the company is likely to maintain stable growth and drive investment enthusiasm across the entire new energy value chain. Simultaneously, the continued development of the new energy sector may attract more capital attention to technology manufacturing and green energy, creating long-term structural opportunities in the market.

How to Buy CATL on uSMART HK

After logging into the uSMART HK app, click on “Search” at the top right of the page, input the stock code 03750.HK to access the details page and view transaction details and historical trends. Then click the “Trade” button at the bottom right, select the “Buy/Sell” option, fill in the transaction conditions, and submit your order.

(Image source: uSMART HK app)