Reported about 10 hours ago
Contemporary Amperex Technology Co. Ltd. (CATL) has commenced taking orders for what is anticipated to be the largest stock offering globally this year, aiming to raise up to HK$41 billion ($5.3 billion). The company, targeting international expansion and a significant factory in Hungary, has already garnered ample investor interest, despite facing challenges like US-China tensions and being placed on a Pentagon blacklist due to alleged ties to the Chinese military. The share offering is set to begin trading on May 20.
Source: YAHOO