CATL Launches $4 Billion IPO in Hong Kong 🇨🇳💰

4 months ago
18

In an electrifying twist, China's EV battery giant CATL is set to raise $4 billion through Hong Kong's largest IPO of 2025! Selling nearly 118 million shares, this venture could soar to $5.3 billion if options are exercised. With major backing from investors like Sinopec and the Kuwait Investment Authority, over $2.6 billion is already subscribed. However, U.S. onshore investors are blocked due to CATL's military ties, as flagged by the Pentagon. Despite tariffs and rising tensions, CATL is expanding globally by licensing tech to Ford and Tesla. Shares hit the Hong Kong market on May 20—don’t miss out on this game changer!

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