CATL IPO in Hong Kong: Battery Giant Bets on Better Market Sentiment for Global Capital
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The world's largest battery manufacturer Contemporary Amperex Technology Co., Limited (CATL) has officially submitted an application for a secondary listing on the Hong Kong Stock Exchange (HKEX). This confirms the rumors of the company's expansion into the international capital market that have been circulating for months. Already listed in Shenzhen, CATL could raise $5-7 billion with the Hong Kong IPO – marking the largest IPO in Hong Kong since the listing of short video platform Kuaishou in 2021. Background: growing global presence CATL...
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