Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
Contemporary Amperex Technology Co. Ltd. made a splash in its Hong Kong trading debut, raising a staggering HK$35.7 billion despite facing challenges like a Pentagon blacklist. Shares surged 13% on opening!
The world's largest EV battery maker, CATL, has made a historic debut on the Hong Kong Stock Exchange, raising nearly HK$35.7bn. This landmark IPO could reshape the EV landscape amid rising concerns from US lawmakers.
