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Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
CATL, the global leader in EV battery sales, plans to use much of the proceeds from a new major stock sale for international expansion in Europe, notably a big factory in Hungary to supply top clients ...
U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes ...
Wall Street expects CATL to generate an operating profit of about $10.6 billion in 2025, according to FactSet. That’s more ...
Treasury Secretary Scott Bessent has announced a 90-day tariff pause in the U.S.-China trade war. Most reciprocal rates ...
Tesla CEO Elon Musk contracted with Japan’s Panasonic to make batteries for his next electric vehicle, the Model 3, at a new ...
Chinese EV battery giant CATL aims to raise $4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to the bourse ...
Chinese battery giant CATL is poised to raise at least HK$31.01bn ($3.99bn) in a Hong Kong listing. The EV battery ...
CATL will exclude US onshore investors from its planned Hong Kong IPO, opting for a Reg S structure to limit legal exposure. Expected to raise at least USD 4 billion, the closely watched listing faces ...