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CATL’s Slow Profit Growth Fans Fears for China Battery Peers

Bloomberg Markets·October 21, 2026·1 min read

CATL’s slower-than-expected quarterly profit growth hit the battery giant’s shares on Wednesday, as analysts warned that the company and peers may struggle to manage pressure from a revived domestic consumption tax and the end of other fiscal benefits. The news fans fears for China's battery sector.

Read at Bloomberg Markets
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