TREE NEWS reports: Morgan Stanley lowered its long position in CATL’s Hong Kong-listed H-shares to 5.30% from 6.42% on October 2. The bank’s short position in the same stock also fell to 5.05% from 5.98% on the same day. Both positions remain above the 5% disclosure threshold.
Morgan Stanley cuts long and short positions in CATL H-shares
Morgan Stanley trimming both legs of its CATL H-share position is less a directional call than a reduction in gross exposure, and the fact that the long and short books were cut in near-parallel suggests the pair or hedge was scaled down rather than reversed. What matters is that both sides still sit above the 5% disclosure line, so the position remains visible and reportable rather than quietly unwound. Whether the bank continues to shrink both legs in tandem, or lets one side fall below the threshold, is the open question for anyone tracking foreign positioning in CATL's Hong Kong line.
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