China battery giant CATL's Hong Kong listing plan gathers steam
Hong Kong (AFP) Jan 14, 2025 Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion. CATL, which produces more than a third of the EV batteries sold worldwide, said it plans to "seek a listing on the Main Board of Hong Kong Stock Exchange" in a bid to expand globally and support energy transition. "Thi
Hong Kong (AFP) Jan 14, 2025
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
CATL, which produces more than a third of the EV batteries sold worldwide, said it plans to "seek a listing on the Main Board of Hong Kong Stock Exchange" in a bid to expand globally and support energy transition.
"Thi
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
CATL, which produces more than a third of the EV batteries sold worldwide, said it plans to "seek a listing on the Main Board of Hong Kong Stock Exchange" in a bid to expand globally and support energy transition.
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