From Bloomberg via Yahoo Finance, December 18:
Battery-Maker CATL Considers Hong Kong Listing to Raise $5 Billion
Contemporary Amperex Technology Co. Ltd. is considering a second listing in Hong Kong that could raise at least $5 billion, making it the city’s biggest since early 2021, according to people familiar with the matter.
CATL, as the world’s top electric-vehicle battery maker is known, is talking with potential advisers and a listing might happen as soon as the first half of 2025, the people said, asking not to be identified discussing private information.
Raising $5 billion or more would top Midea Group Co.’s $4.6 billion share sale in September, the biggest in Hong Kong since Kuaishou Technology’s $6.2 billion in early 2021. Midea’s Hong Kong-listed shares have risen nearly 40% in three months....
....MUCH MORE
At Bloomberg:
