CATL files for Hong Kong listing, potentially largest IPO since 2021

The contemporary amperex technology (catl), the largest battery path of the electric vehicle in the world, has Filed for the list on Hong Kong exchangepotentially making the biggest iPo for the city in five years.

The size and timeline of the hype and timeline were not revealed in the filing. However, Reuders reported that the agreement is expected to raise at least $ 5 billion, quote familiar with the matter. That would marmar hong kong ipo since the Chinese Tiktok’s raktok Kaulishou’s $ 5.32 Billion Public Offer In the early 2021.

According to the filing made by the company, the Bank of AmericaCORPALE CORRECT THE FOOD INTERLICATION TEACHER, security of China Arillial and Jpmorgan’s hunting i am common sponsors for the list. I am

The movement to the list in Hong Kong is predicted in a long term investors long to the policies that lack the sharitic sharitory is, saw, sew marked, ingly group of investment, a management company of China’s house.

Catl is also listed on the cocky stock, shoots 1.1 trillion yuan ($ 150.5 million), according to the data from lsg. The company provides battery to big automakers as tesla and Volkswagen.

“Timing is ideal as global investors start to find China’s markets to attractive assessments,” but said CNCC.

The ENTICE HAVE SIN DIN DIN DI DIVISIVE SETTLE MISSED FROM AND SPE THE LIST OF HONG-LIKE, which includes companies and banks in Chinese

Hong Kong saw a Pickup in the list activity in 2024 After three consecutive years of declines in terms of treatment values, according to the data from treatment. The city bourges raised $ 10,65 billion 63 business last year, a jump of more than 80% from the Billion $ 5.89 raised in 2023.

In January, US Department of US Including Catl and Tencent on his “Chinese military” company “ Which one would preclude the procure department from marks from those june june companies. However, the impact of the profit is not derived the meaningful of the dod, machinery.

“We’re processively engaged with dod to address false designation,” Catl said in their presentation. “We can’t guarantee that such attempts will be successful or that the relevant government agencies do not take other actions.”

Its September, Catl operates 13 battery manufacturing battery battery in the world, according to the information from the wire. The battery manufacturing even mentioning is in preparing plants in Hungary as other projects in Indonesia. Their articulation of automobile with automobil Stellows To build a 4.1 billion Euro ($ 4.2 billion) Lithium’s battery planter In Spain is even in a very way.

The third party reps declined 30% in the same period in 2023. However, the company of the 20% to 20% a year, according to Securities filing in January.

– CNBC’s Anniek Bao contributed to this report.