Battery giant CATL files for $5 billion Hong Kong IPO
By Cheng Yu |
chinadaily.com.cn |
Updated: 2025-02-12 00:06
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Contemporary Amperex Technology Co Ltd, the world's largest electric vehicle battery maker, has filed for a Hong Kong listing that is likely to be the city's biggest initial public offering in four years.
The long-awaited CATL listing aims to raise more than $5 billion, which the company said will fund overseas production capacity and international business expansion, supporting its long-term global strategy.
