Chinese EV battery giant CATL launches Hong Kong IPO, seeking US$5.3 billion

Quick Summary:

Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.

The firm can upsize the deal by exercising a size adjustment or “greenshoe” option to sell up to 38 million additional shares combined.

The stock is scheduled to begin trading in Hong Kong next Tuesday.

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChina

Topics: Chinese Share Kong Shares Technology Sale Hong Price Billion Largest Discount

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 10:08:47 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 310 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28588768

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