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.
World’s biggest EV battery maker seeks blockbuster listing in Hong Kong
China’s Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles and a supplier for Tesla, has applied for a listing in Hong Kong, setting sights on one of the city’s largest stock offerings in years.
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.
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.
Chinese Battery Giant CATL Files 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.
China’s CATL files for secondary listing in Hong Kong to fund expansion
Shenzhen-listed battery giant CATL has applied to list in Hong Kong and plans to use the proceeds to fund the construction of a new 100 gigawatt-hours
China battery giant CATL starts Hong Kong listing process
Chinese battery giant CATL started the application process on Tuesday to be listed in Hong Kong and named seven banks as overall coordinators, according to stock exchange filings. CATL said in another exchange filing dated Tuesday that it had appointed overall coordinators and listed seven financial institutions.
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