From Investing.com: 2025-04-18 08:50:00

Lawmakers are calling on JPMorgan and Bank of America to halt their work on the initial public offering (IPO) for Chinese battery maker CATL. This comes amid concerns about the company’s ties to forced labor in Xinjiang. CATL is one of the world’s largest electric vehicle battery manufacturers and is seeking to raise billions through its IPO.



Read more at Investing.com: JPMorgan and BofA should stop work on IPO for China’s CATL, lawmaker says