SYDNEY (Reuters) -Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each in the company’s Hong Kong listing, according to two sources with direct knowledge of the matter, raising at least $4 billion.
Prospective investors have been told orders for stock made below HK$263 per share risk missing out on allocations, the sources added.
The sources could not be named discussing confidential information.
CATL did not immediately respond to a request for comment.
($1 = 7.8048 Hong Kong dollars)
(Reporting by Scott Murdoch and Kane Wu; Editing by Muralikumar Anantharaman)
