Sinopec Cuts CATL Stake in Half After 180% Post-Listing Rally

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Bloomberg Markets 2 days ago • bloomberg.com

Sinopec Cuts CATL Stake in Half After 180% Post-Listing Rally

A unit of Sinopec, China’s biggest oil refiner, has cut its stake by more than half in battery maker Contemporary Amperex Technology Co. after a sharp rally in the stock.

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