Contemporary Amperex Technology Co., Limited is trading 7.4% down at THB 6.85 after disclosing plans to reduce its stake in a key lithium iron phosphate materials supplier.
- The divestment has unsettled investors, raising concerns regarding the company's future supply-chain strategy and potential impact on profit margins.
- The price action is being exacerbated by a broader pullback in lithium-related stocks, suggesting that sector-wide risk-off sentiment is intensifying the reaction to the restructuring news.