Renewables Stock Comparison

Equinor and Eni (transition incumbents) vs. CATL (battery manufacturer) vs. eight pure-play renewable utilities

Data through FY2025. Compiled 2026-05-02.

Research only, not investment advice. Numbers are sourced from agent research outputs and primary filings; some cells are blank where a clean primary-source figure was not available in this pass. The user makes all trading decisions and operates the Fidelity ticket personally.
All companies Pure-play renewables Transition incumbents Battery manufacturer
Company Market cap (USD bn) Revenue FY25 (rep ccy bn) Net income FY25 (rep ccy bn) Net debt FY25 (rep ccy bn) Renewables GW Hydrocarbon % rev Div yield EV/EBITDA 1Y return

Per-company cards

How to trade CATL on HKEX through Fidelity

CATL listed in Hong Kong on 20 May 2025 under stock code 3750 (3750.HK). The HK line is the practical retail route from a U.S. brokerage account. The Shenzhen A-share (300750.SZ) is not directly accessible through retail Fidelity. Unsponsored ADRs (CYATY, CTATF) trade on OTC with thinner liquidity.

Account requirement
International Stock Trading enabled. The user enables this themselves at fidelity.com.
Symbol / market
3750 on Hong Kong (HKEX).
Currency
Trades in HKD. USD-funded incurs Fidelity FX spread; pre-converted HKD avoids it at execution.
Trading hours
09:30 to 16:00 HKT (with lunch break). In US Eastern, that is roughly 21:30 to 04:10 EDT (overnight).
Stamp duty
0.10% per side on principal. Largest explicit cost.
Other levies
HKEX Trading Fee 0.005%, SFC Levy ~0.0027%, FRC Levy 0.00015%.
Fidelity commission
Verify in ticket. Rep-assisted often quoted as HKD 600.
HK dividend tax
Hong Kong does not withhold. Mainland China withholds ~10% on H-share dividends to non-residents; foreign tax credit may apply on US return. Consult a tax advisor.
Recent reference
April 2026 share placement priced at HK$628.20 per share, raising ~HK$39.2B.

Full procedural guide: catl-fidelity-trading-guide.md in the same folder. Workbook tab: CATL_Fidelity.

Companion files