China's CATL to raise at least $5 billion in Hong Kong listing, sources say
Chinese battery giant CATL is expected to raise at least $5 billion in a Hong Kong listing, according to two sources with direct knowledge of the matter. CATL did not immediately respond to a request for comment from Reuters.
World’s largest EV battery maker files for Hong Kong listing
CATL, the world’s largest electric vehicle battery maker, has filed an application for a secondary listing in Hong Kong, in what could be the city’s largest stock offering in years.
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.
Chinese battery maker CATL applies for Hong Kong listing to boost overseas expansion
Propelled by China's booming new-energy vehicles (NEV) production and rapidly rising NEV exports, the country's battery manufacturers and ...
CATL Files for Hong Kong Listing That Could Raise $5 Billion
Contemporary Amperex Technology Co. Ltd. has filed its application for a jumbo listing in Hong Kong that could be the city’s biggest stock offering in four years.
China's CATL files application for Hong Kong listing
China's battery giant CATL has applied to list on the Hong Kong Stock Exchange, the exchange's website showed on Tuesday.
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.
CATL Eyes $5 Billion Hong Kong Listing Amid Market Challenges
Chinese battery giant Contemporary Amperex Technology Co. (SZ:300750), or CATL, is reportedly preparing to file for a Hong Kong listing this week, aiming to raise at least $5 billion. According to sources cited by Reuters,
Chinese Investors Drive Hong Kong Rally With $19 Billion Inflow
Chinese investors are helping to drive a bull run in Hong Kong shares, plowing almost HK$150 billion ($19.3 billion) into the ...
Trump, the Panama Canal and the Hong Kong Firm at the Heart of a Showdown
The canal’s two biggest ports are operated by a Hong Kong company with global reach. The Trump administration sees a Chinese ...
Japan Detects Russian and Chinese Spy Ships Near Territory
Russia and China, which have formed a quasi-alliance against America and its allies, have frequently sent military aircraft and ships on patrols and drills near Japan, prompting Japanese forces to ...
A Beginner’s Guide to Hong Kong & Chinese Cinema: Must-Watch Films
An often overlooked, yet highly impactful world cinema industry in the last few decades, Chinese cinema remains widely known ...
USPS has suspended parcels from Hong Kong and China. Here's what it means for Shein and Temu.
The move was announced Tuesday, coming after the U.S. imposed an additional 10% tariff on Chinese goods and ended a customs ...
Video Shows Chinese Stealth Jet in 'Beast Mode'
The Pentagon has said that China's air force is preparing upgrades for its J-20 fighter, which may include increasing the number of missiles it can carry.
US Postal Service resumes accepting parcels from China and Hong Kong hours after saying it wouldn't
Move followed US introduction of tariffs on Chinese imports and removal of long-standing duty-exemption rule, but is no ...
A Chinese EV giant is now offering free driver assistance tech on cars under $10,000
Chinese electric vehicle maker BYD has added an advanced driver-assistance system for most of its models at no additional cost, catapulting its shares to a record high.