CATL launches US$5 billion Hong Kong share sale at discount to record-high price

News
Corporate developments
ATI News Team

The proceeds will fund global capacity expansion, zero-carbon projects, R&D, and working capital as CATL pushes overseas growth

Contemporary Amperex Technology Co. (CATL) launched an approximately US$5 billion share sale in Hong Kong on April 27, less than a year after its listing, as the company seeks to raise funds while its shares trade near record highs.

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