Market Chatter: CATL Hong Kong Listing Due for Bourse Approval, Sources Say

MT Newswires Live04-10

Contemporary Amperex Technology's (SHE:300750) listing in Hong Kong is due for approval Thursday by the city's bourse, Reuters reported the same day, citing two sources with knowledge of the matter.

The battery giant expects to commence listing in Hong Kong during the second quarter, but the timing is still to be decided due to global financial market uncertainties brought about by US tariffs, the report said, citing one of the sources.

CATL's listing, set to raise $5 billion, would be the biggest in the city in four years after Kuaishou Technology's (HKG:1024) $6.2 billion initial public offering, Reuters said.

The world's largest battery maker said mainland Chinese regulators have approved the Hong Kong share sale in March, the report said.

CATL did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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