CATL Begins Taking Orders for World’s Top Listing in 2025
A cross-section of a Contemporary Amperex Technology Co. battery for electric vehicles at the Shanghai Auto Show in Shanghai, on April 23.
Photographer: Qilai Shen/BloombergContemporary Amperex Technology Co. Ltd. has started taking investor orders for a Hong Kong stock offering that is likely to be the world’s biggest listing this year.
CATL, as the Chinese electric-vehicle battery giant is known, is seeking to raise as much as HK$41 billion ($5.3 billion), according to its listing document on Monday. That’s if the deal is upsized and the greenshoe exercised on top of the base offering of up to HK$31 billion.