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2025 › May › 20
CATL
14 months ago
Strong demand for secondary offering in Hong Kong expected to lift amount raised to $5.3bn
World's biggest EV battery maker sees shares jump on debut ○
CATL makes more than a third of all EV batteries sold worldwide and supplies carmakers like Tesla, VW and Toyota.
Shares in China's CATL jump over 11% in Hong Kong debut as battery maker rides electric-vehicle boom ○
The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global listing in 2025.
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