CATL, the world’s largest electric vehicle battery maker, has filed an application for a secondary listing in Hong Kong, in what could be the city’s largest stock offering in years.
The listing of Contemporary Amperex Technology Co, which is a major supplier of Tesla, Volkswagen and other EV makers, has been long awaited in Hong Kong and is expected to be one of the city’s largest share offerings since 2021.
CATL is one of several Chinese companies expected to list in Hong Kong this year, with analysts expecting a $20bn revival in activity — principally from mainland-based companies seeking to expand abroad.
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