CATL enjoys bumper listing on HKEX

The dual listing will help keep momentum in Hong Kong's equity markets, with the majority of the $4.5bn proceeds raised by the Shenzhen based global EV player set to help build a factory in Hungary; a greenshoe option takes the raising to $5.2bn.

Andrew Tjaardstra

May 20, 2025

Shenzhen-headquartered electric vehicle battery firm Contemporary Amperex Technology Co., Limited (known as CATL) has raised HK$35.33 billion ($4.5 billion) of net proceeds at HK$263 a share for the listing of H shares, according to a filing on the Hong Kong Stock Exchange (HKEX).

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