Lyon Securities said at its annual investor forum last week CATL (03750.HK) drew
the most investor attention. Attendees were split: some backed CATL’s long-term
strategy and expect it to weather short-term challenges and retain market
leadership, while skeptics warned of further downside to earnings and the share
price. Lyon maintained its High-Conviction Outperform rating on CATL with a
HK$770 PT.
