# De-CATLization tests China's battery king

> CATL shares drop 10% as profit figures disappoint investors.
- Title: De-CATLization tests China's battery king · Nikkei Asia
- Summary: CATL shares drop 10% as profit figures disappoint investors. CATL's shares fell 10% after third-quarter profit figures disappointed investors.
- Keywords: catl, hong kong, third quarter, profit figures, share price, battery king, de-catlization, investors, news, business, world, tests
- Source: Nikkei Asia — https://asia.nikkei.com/business/markets/de-catlization-tests-china-s-battery-king-as-share-price-falls-10
- Published: 2026-10-21T05:32:38+00:00
- Read time: 1 min
- Topics: catl, hong kong, third quarter, profit figures, share price, battery king, de-catlization, investors, news, business, world
## CATL shares fall
Hong Kong-listed CATL shares plunged 10% during midday trade Wednesday after disappointing third-quarter earnings.
## Profit figures disappoint
The battery maker's shares sank after profit figures for the latest quarter, released on Oct. 20, disappointed investors.
## Investor concerns rise
Investors' heightened concerns about CATL's prospects followed the disappointing earnings report.
## Key takeaway

CATL's shares fell 10% after third-quarter profit figures disappointed investors.