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@ de1abdd3:ff3979a0
2025-05-12 04:46:19
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqrfa20llezzw8sn2kxlz2erhss54yt3czlsh7xjjkvzn4k4z9fepsqtd8da
CATL’S US$5.3 BILLION HONG KONG IPO DEFIES GLOOM WITH CITY’S BIGGEST STOCK SALE SINCE 2021
https://cdn.i-scmp.com/sites/default/files/styles/1280x720/public/d8/images/canvas/2025/05/12/004e6a09-68f9-44bb-a8eb-d83b29e11ab7_1347bb2d.jpg?itok=73JpMAw3
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✍️ Contemporary Amperex Technology (CATL), the world's largest maker of electric-vehicle batteries, is planning to raise up to HK$41 billion (US$5.3 billion) via a Hong Kong share sale.
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👉 CATL aims to raise up to HK$41 billion (US$5.3 billion) via a Hong Kong share sale
👉 The company started taking investor orders at a maximum offer price of HK$263
👉 The offering attracted cornerstone investors who agreed to commit about US$2.6 billion worth of the offer shares
👉 The deal is expected to be the largest new share sale in Hong Kong since January 2021
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#HongKong #Shenzhen #China #UnitedStates #business
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