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Battery giant CATL files for $5 billion Hong Kong IPO

By Cheng Yu | chinadaily.com.cn | Updated: 2025-02-12 00:06
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A logo of CATL is seen in Guangzhou, Guangdong province on Nov 24, 2023. [Photo/VCG]

Contemporary Amperex Technology Co Ltd, the world's largest electric vehicle battery maker, has filed for a Hong Kong listing that is likely to be the city's biggest initial public offering in four years.

The long-awaited CATL listing aims to raise more than $5 billion, which the company said will fund overseas production capacity and international business expansion, supporting its long-term global strategy.

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