CATL IPO: will the EV battery giant’s Hong Kong debut revive the city’s capital markets?
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has filed for a secondary listing in Hong Kong in what could be the city’s largest stock offering in years.
China’s EV battery king CATL files Hong Kong IPO plan to fund global expansion
CATL, as the Chinese company is known, submitted its application draft with the Hong Kong stock exchange on Tuesday, following the board’s approval in December. The IPO size and timeline were not disclosed. A US$5 billion deal, as reported by Reuters, would rank as the largest since Kuaishou Technology raised US$6.2 billion in January 2021.
Chinese Battery Giant CATL Applies for Hong Kong Listing
The world’s largest maker of EV batteries has applied for a secondary listing in Hong Kong, joining the ranks of Chinese companies looking to tap the city’s fundraising markets.
CATL files for Hong Kong listing that could raise $5 billion
The long-awaited filing by CATL, as the world’s top electric-vehicle battery maker is known, comes amid a rally in Hong Kong’s stock market.
World’s largest EV battery maker files for Hong Kong listing
CATL, the world’s largest electric vehicle battery maker, has filed an application for a secondary listing in Hong Kong, in what could be the city’s largest stock offering in years. The listing of Contemporary Amperex Technology Co,
Battery giant CATL files for Hong Kong listing in what could be city's largest IPO since 2021
CATL is also listed on the Shenzhen stock exchange, boasting a market cap of $150.5 billion. The battery giant supplies big automakers like Tesla.
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