From Yahoo Finance: 2025-05-06 23:29:00

CATL’s $5 billion Hong Kong listing may see shares sold at a less than 10% discount to its Shenzhen-listed shares. Investors are urging for at least a 10% price gap. CATL seeks cornerstone investors for half of the shares. Hong Kong shares usually trade at a discount, as seen in Midea Group’s 20% discount last year.

CATL’s listing would be the largest in Hong Kong since 2021. The funds raised will help build a $8.28 billion battery plant in Hungary. CATL’s Q1 net profit rose 32.9% to $1.91 billion. The company holds a 38% global market share, increasing from 36% in 2023. BYD ranks second with 15%.

Investors are anticipating CATL’s upcoming listing in Hong Kong, with pricing yet to be finalized. CATL’s strong financial performance and market dominance position it as a top player in the battery industry. The company’s strategic plans for expansion and growth reflect its commitment to innovation and sustainability.



Read more at Yahoo Finance: CATL may offer less than 10% discount for $5 billion Hong Kong listing, sources say