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China’s CATL to raise up to $4 billion in Hong Kong listing

By Thomson Reuters May 11, 2025 | 5:22 PM

(Reuters) -Chinese battery giant CATL is aiming to raise HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday.

The company is selling 117.9 million shares at a maximum offer price of HK$263 per share, according to filings lodged with the Hong Kong Stock Exchange.

($1 = 7.7786 Hong Kong dollars)

(Reporting by Himanshi Akhand in Bengaluru, Scott Murdoch in Sydney and Zoey Zhang in Shanghai; Editing by Sumeet Chatterjee and Leslie Adler)