CATL Shares Clouded by Bleak Outlook After Mega Hong Kong Debut
Contemporary Amperex Technology Co. Ltd. has received little love following its splashy $5.2 billion listing in Hong Kong last month, as investors eye multifold challenges in the global EV battery market.
Shenzhen-listed shares are down nearly 9% from a high in May, weighed by concerns over heightened competition in China's market, US tariff threats and slowing demand. The Hong Kong stock remains 18% above its listing price, though there are large wagers on a decline.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
30 minutes ago
- Yahoo
Amazon, Temu and other e-commerce sides hawk "No Kings" merch
"No Kings" merchandise is cropping up for sale on Amazon, Temu and other online retailers ahead of the planned nationwide protests against the Trump administration scheduled for Saturday. Hundreds of t-shirts, hats, signs and posters are for sale across the internet alluding to the demonstrations. On China-based a seller shipping goods from a U.S.-based warehouse offers a t-shirt reading "No Kings in America" and featuring the statue of liberty and American flag for $5.20. On Amazon, a search for No Kings yielded 1,000 results. Much of the merchandise available on the e-commerce giant's site is printed on demand, meaning not in stock. Sellers print t-shirts or make the goods as soon as they are ordered to avoid sitting on unwanted inventory. A wide variety of posters and yard signs are also available for sale on Esty's website. Walmart, which has distanced itself from an ad promoting No Kings day that was funded by Walmart heiress Christy Walton, offers a more limited amount of merchandise related to the events on its website. It's common for sellers to quickly mock up merchandise tied to current events. For example, retailers were quick to start selling apparel featuring images of President Trump with a bloodied ear after he was shot at a rally last year in an assassination attempt. The No Kings protests are scheduled to coincide with a military parade in Washington, D.C., to celebrate the army's 250th anniversary. "In America, we don't do kings," the No Kings website reads. "They've defied our courts, deported Americans, disappeared people off the streets, attacked our civil rights, and slashed our services. The corruption has gone too. far. [cq] No thrones. No crowns. No kings." Video shows Air India plane crashing in Ahmedabad Air India plane crashes shortly after takeoff, carrying more than 240 people Israel ready to launch operation into Iran, U.S. officials say
Forbes
31 minutes ago
- Forbes
Huntsman Dividend Yield Pushes Above 9%
In trading on Friday, shares of Huntsman were yielding above the 9% mark based on its quarterly dividend (annualized to $1), with the stock changing hands as low as $10.98 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 9% would appear considerably attractive if that yield is sustainable. Huntsman is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. 10 Stocks Where Yields Got More Juicy » In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Huntsman, looking at the history chart for HUN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 9% annual yield. HUN Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
CBS News
an hour ago
- CBS News
What beginner (and veteran) investors should do before the next gold price surge
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A rising gold price may require both beginner and veteran investors to adjust their strategies. Getty Images The price of gold is poised to break another record. That seems to be the takeaway this week as the price of the metal hovers around the $3,400 mark, after hitting that new high as recently as April. Now, thanks to a combination of rising inflation, interest rates and broader geopolitical tensions, the price could hit another new record, perhaps as soon as this week. For a metal that was priced under $2,000 per ounce at the end of 2023, investors could now see it surge as high as $4,000 for the same amount. But whether you're a beginner just getting started in the precious metals market, or a veteran who has already incorporated gold into their portfolio, some strategic moves could be worth making, before the inevitable next price surge. Below, we'll break down three that each investor type should consider making now. Start investing in gold before the next price spike here now. What beginners should do before the next gold price surge Not yet a gold investor? Here's what to consider doing before the price breaks a new record: Get invested: Not yet invested in gold? It's never too late to start. With the price of the asset continually rising, today's "high" price could be tomorrow's low one. So don't delay acting while waiting for a low entry price point that's unlikely to materialize. Get invested now before the price becomes permanently out of reach. Not yet invested in gold? It's never too late to start. With the price of the asset continually rising, today's "high" price could be tomorrow's low one. So don't delay acting while waiting for a low entry price point that's unlikely to materialize. Get invested now before the price becomes permanently out of reach. Look to fractional gold: Fractional gold Avoid the temptation to sell quickly: Sure, you may be able to make a quick profit by buying gold now and, theoretically, selling it later this summer. But that would be against the general guidance of incorporating gold into your portfolio as an inflation protector inflation Learn more about the smart ways beginners can invest in gold here. What veterans should do before the next gold price surge Hold steady: A rising asset price is a good thing, not necessarily a cause for selling. So, hold steady and monitor the market A rising asset price is a good thing, not necessarily a cause for selling. So, hold steady and Consider buying more: Don't have gold quite at the recommended limit of 10% of your overall portfolio Don't have gold quite at the recommended limit of Remember the initial reasons for investing: Did you first get into gold investing to turn a quick profit? Or was it to shore up your defenses against the damaging impacts of inflation? Did you buy gold to have a shiny object in your home safe? Or was it to diversify a portfolio The bottom line The above list is a good starting point for beginners and veterans ahead of a potential gold price spike, but it's not exhaustive. There could be other moves to make (or avoid) depending on your budget, portfolio and retirement plans. So, review these items carefully but consider also speaking with a financial advisor or gold company who can offer more personalized guidance. But do so soon, before the price of gold becomes too costly to strategize around.
