Hong Kong (AFP) Jan 14, 2025
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
CATL, which produces more than a third of the EV batteries sold worldwide, said it plans to “seek a listing on the Main Board of Hong Kong Stock Exchange” in a bid to expand globally and support energy transition.
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