Staff Reporter
Shares of Contemporary Amperex Technology Co., Ltd. (CATL), the world's largest battery manufacturer, jumped over 16% in their trading debut in Hong Kong on Tuesday.
Investors are optimistic about the company’s potential to capitalize on the expanding electric vehicle (EV) market.
The shares closed at...
By Agencies
Chinese battery giant CATL is preparing for a Hong Kong listing aimed at raising approximately $5 billion. Sources familiar with the situation report that the company's shares may be offered at a discount of less than 10% compared to its Shenzhen-listed stock.
According to...