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CATL to launch at least $4b Hong Kong listing today
Gulf Today
|May 12, 2025
Chinese battery maker CATL is launching its Hong Kong public offering on Monday, aiming to raise at least $4 billion at about a 5% discount to its domestic share price, three people with knowledge of the deal said on Sunday.
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CATL's Shenzhen-listed shares last traded at 248.27 yuan on Friday.
The company has finalised investor briefings ahead of book building, having secured around $2.6 billion from cornerstone investors, the three sources said, declining to be named as the information was not yet public.
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