The Chinese battery giant is planning to raise as much as US$4.0 billion in the year’s biggest listing in Hong Kong.

Contemporary Amperex Technology, the world’s largest electric vehicle battery maker, started taking investor orders on Monday for a listing in Hong Kong that could raise more than HK$31 billion ($4 billion).

Chinese electric-vehicle battery maker CATL said it would raise at least $4bn in what is set to be Hong Kong’s biggest share sale and the largest listing globally so far this year.