CATL is set to launch its Hong Kong listing during the week of May 12, 2025, aiming to raise at least $5 billion, according to Reuters. This would be Hong Kong’s largest IPO since Kuaishou’s $6.2 billion debut in 2021. The company plans to offer shares at a discount of less than 10% compared to its Shenzhen-listed stock.
CATL (Contemporary Amperex Technology Co., Limited) is the world’s largest manufacturer of electric vehicle (EV) batteries, headquartered in Ningde, Fujian, China, and founded in 2011