CATL surpasses Kweichow Moutai to become China’s third-largest stock by market value

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• Contemporary Amperex Technology (CATL) overtook liquor maker Kweichow Moutai on Thursday to become China’s third-largest locally listed stock by market value, driven by a strong outlook for battery demand.
• The Shenzhen-listed battery giant gained as much as 6% Thursday to a

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