Fri, May 9, 2025
Thu, May 8, 2025

CATL gauges interest for potential $5 billion HK listing

CATL, the world's largest electric vehicle battery maker, is exploring the possibility of a secondary listing in Hong Kong that could raise up to $5 billion, according to sources familiar with the matter. The company, officially known as Contemporary Amperex Technology Co. Limited, is currently listed on the Shenzhen Stock Exchange and is considering the Hong Kong listing to enhance its global presence and access new capital. The move comes as CATL aims to capitalize on the growing demand for EV batteries and strengthen its position in the competitive market. Discussions are still in the early stages, and no final decision has been made yet.

Read the Full Fortune Article at:
[ https://fortune.com/asia/2025/05/06/catl-gauges-interest-for-potential-5-billion-hk-listing/ ]