US EditionCATL Shares Surge 13% in Landmark $4.6 Billion Hong Kong IPO
- The world’s leading manufacturer of electric vehicle batteries, CATL, experienced a significant rise in its share price on May 20, 2025, during its initial trading session on the Hong Kong Stock Exchange.
- CATL's listing followed strong global demand for EV batteries and a $4.6 billion IPO, despite US trade tensions and Pentagon blacklisting of the firm in January 2025.
- On their first day of trading in Hong Kong, CATL’s shares debuted at 296 HKD, marking a 12.5% premium over the initial offer price of 263 HKD, and reached an intraday high of 311 HKD, signaling strong investor optimism despite geopolitical challenges.
- In 2024, CATL held a 38% global market share, supplied batteries for about 17 million EVs, and recorded a profit of 55.3 billion yuan , according to filings.
- The IPO provides CATL with capital to expand overseas factories including Hungary and Spain, supporting its global growth despite ongoing policy uncertainties.
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72 Articles
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Photo by Victor Golmer via iStockThis story was originally published on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.Like ’90s teens snatching up any and every CD bearing the too-cool-for-school “parental advisory” sticker, it seems a Pentagon blacklisting only makes a company more attractive to investors. Chinese elec…
CATL’s Hong Kong Listing Proceeds Rise to $5.2 Billion After Greenshoe
Contemporary Amperex Technology Co. Ltd. has raised HK$41 billion ($5.2 billion) for its Hong Kong share sale after arrangers of the deal exercised the so-called greenshoe option to increase the offering, making the world’s biggest listing this year even bigger.
CATL, World's Top Battery Maker Secures Largest IPO of 2025 to Fund $7.6 Billion European Factory
Contemporary Amperex Technology Co. Limited (CATL), the world’s largest electric vehicle battery manufacturer, made a powerful debut on the Hong Kong Stock Exchange on Tuesday, May 20, 2025. The Chinese battery giant saw its shares surge 16.4% above the offer price, closing at HK$306.20 after opening at HK$296. The company raised HK$35.7 billion ($4.6 billion) […]
CATL, world’s largest EV battery maker, surges 16% on $4.6B Hong Kong debut, biggest IPO of 2025 - Tech Startups
CATL shares jumped 16% in their first day of trading on the Hong Kong stock exchange after the Chinese EV battery giant raised $4.6 billion in what’s now the biggest listing of 2025. The stock closed at HK$306.20, up from […] The post CATL, world’s largest EV battery maker, surges 16% on $4.6B Hong Kong debut, biggest IPO of 2025 first appeared on Tech Startups.
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