Contemporary Amperex Technology stock falls 2.49 percent

Contemporary Amperex Technology stock stood at CNY 293.50 on Shenzhen on September 24, 2026, down 2.49 percent. On the same date, the company repurchased 680,400 A-shares at prices from CNY 293.69 to CNY 294.53, according to Moomoo.

Buyback meets a weaker quote

The repurchase price range sat above the Shenzhen quote of CNY 293.50, while the stock traded CNY 0.50 above its 52-week low of CNY 293.00. That places the shares 0.17 percent above the yearly low and gives the buyback a clear market context.

CATL's market capitalization stood at CNY 1,293,852,080,677 on September 24, 2026. The combination of a large capital return and a quote close to the annual low puts operating growth against near-term valuation pressure.

First-half revenue rises 54.80 percent

According to Stock Sentinel, CATL reported CNY 276.92 billion in first-half 2026 revenue, up 54.80 percent from the prior year. Net profit attributable to shareholders rose 41.98 percent to CNY 43.28 billion, while basic earnings per share reached CNY 9.51.

The result shows that the stock's weak session is not explained by a contraction in the latest reported business figures. Instead, the market is weighing strong earnings growth against a share price that remains close to its 52-week floor.

European expansion adds another angle

On September 24, Kuehne+Nagel said it had signed a memorandum of understanding with CATL covering battery logistics, transport electrification and emissions reduction. The agreement adds an operating expansion theme to the buyback and the first-half growth figures.

Stock remains near yearly low

Contemporary Amperex Technology stock stood at CNY 293.50 on Shenzhen on September 24, 2026, 2.49 percent below the previous close. Its 52-week range was CNY 293.00 to CNY 468.75, leaving the share price CNY 175.25 below the yearly high.