ChiNext Index falls over 1% after earlier gain; CATL drops nearly 11%

The reversal matters less than the concentration it exposes: a single heavyweight can flip an entire growth board from green to red within a session, so the ChiNext's headline move here reads more as a CATL story than a broad risk-appetite signal. For anyone tracking China growth exposure, that gap between index-level and breadth-level performance is the real takeaway. Whether the drop stays contained to the battery name or spills into other large constituents is the open question worth watching.