Reported about 12 hours ago
Contemporary Amperex Technology Co. Ltd. (CATL), the leading global electric vehicle battery manufacturer, has filed for a significant listing in Hong Kong aimed at raising over $5 billion. This move marks the city's largest potential stock offering in four years, with funds intended to support CATL's European expansion plans, particularly in Hungary. The listing comes amid rising geopolitical tensions and follows a notable increase in Hong Kong's stock market activity.
Source: YAHOO