New sourcing strategies reshape supply chains across the auto sector
People gather before the start of CATL's Tech Day event in Beijing in April. The battery maker's shares sank after profit figures for the latest quarter, released on Oct. 20, disappointed investors. © Reuters
GLORIA LI
October 21, 2026 14:32 JST
HONG KONG -- Hong Kong-listed shares of CATL plunged 10% during midday trade Wednesday, after disappointing third-quarter earnings heightened investors' concerns about its prospects.