Chinese electric vehicle battery maker CATL is considering a Hong Kong listing that could raise at least $5 billion, Bloomberg News reported on Thursday.
CATL is talking with potential advisers, and a listing might happen as soon as the first half of 2025, the report said, citing people familiar with the matter.
Discussions are ongoing and plans could change, and a second listing would still require approval from China’s securities regulator, according to the report. The stock currently trades on the Shenzhen Stock Exchange.
Source: Reuters
