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CATL Soars 4%+ at Open after Report Says Company Striving to be Removed from US DoD List
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CATL (03750.HK) opened 4.42% higher today at HK$684.5, with 174,500 shares traded, amounting to HK$119 million. The company is seeking to be removed from the U.S. Department of Defense (DoD)'s list of Chinese military-related companies, foreign media, citing sources, reported. Co-Chairman Pan Jian has traveled to the U.S. twice since last year to advocate for the company. He stated that the company's batteries would not be used by the Chinese military, and presented a video and numerous documents as evidence at the meeting. Auto-translated by AI AASTOCKS Financial News |
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