Китайский производитель аккумуляторов Contemporary Amperex Technology Co.
Battery manufacturer CATL has received approval for a Hong Kong listing, potentially exceeding $5 billion and becoming the largest in four years. The company plans to sell up to 200 million shares and will use some funds for a battery plant in Hungary. Bank of America, China International Capital Corp., China Securities International, JPMorgan Chase, Goldman Sachs, Morgan Stanley and UBS are the listing organizers. CATL's shares are already traded in Shenzhen and have increased by nearly 37% in the last 12 months. CATL holds approximately 37% of the global electric vehicle battery market.
