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Battery giant CATL files for Hong Kong listing in what could be city's largest IPO since 2021

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Summary
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84% Informative

China 's Contemporary Amperex Technology (CATL) has filed for listing on Hong Kong's stock exchange.

The company supplies batteries to big automakers like Tesla and Volkswagen .

CATL is also listed on the Shenzhen stock exchange, boasting a market cap of 1.1 trillion yuan ( $150.5 billion ) CATL operates 13 battery manufacturing bases across the world.

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89

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94

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9

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formal

Language

English

Language complexity

51

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short-lived

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