ab 8 September 2025 Global Research China Battery Supply Chain Investor feedback after solid-state battery rally We prefer Jiangsu Lopal and Shenzhen Kedali After the most recent rally, we believe thematics should give way to fundamentals and reasonable valuation. Top picks: Kedali (strong execution + robotics option) and Jiangsu Lopal (biggest beneficiary of Korean adopting LFP cathode). Equities Global Basic Materials The SSB Index is up 15% since the last trading day of August, outperforming the CSI 300 ...