Battery giant CATL ends up more than 16% on Hong Kong debut
Hong Kong (AFP) May 20, 2025 Chinese battery giant CATL ended its first day on the Hong Kong Stock Exchange more than 16 percent higher Tuesday, having raised US$4.6 billion in the world's biggest initial public offering this year. A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide. The firm has been buoyed by a rapid growth in China's domestic electr
Hong Kong (AFP) May 20, 2025
Chinese battery giant CATL ended its first day on the Hong Kong Stock Exchange more than 16 percent higher Tuesday, having raised US$4.6 billion in the world's biggest initial public offering this year.
A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide.
The firm has been buoyed by a rapid growth in China's domestic electr
Chinese battery giant CATL ended its first day on the Hong Kong Stock Exchange more than 16 percent higher Tuesday, having raised US$4.6 billion in the world's biggest initial public offering this year.
A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide.
The firm has been buoyed by a rapid growth in China's domestic electr What's Your Reaction?
