CATL Is Said to Mull HK Listing to Raise at Least $5 Billion (1)

December 19, 2024, 3:42 AM UTC

Contemporary Amperex Technology Co. Ltd. is considering a second listing in Hong Kong that could raise at least $5 billion, making it the city’s biggest since early 2021, according to people familiar with the matter.

CATL, as the world’s top electric-vehicle battery maker is known, is talking with potential advisers and a listing might happen as soon as the first half of 2025, the people said, asking not to be identified discussing private information.

Raising $5 billion or more would top Midea Group Co.’s $4.6 billion share sale in September, the biggest in Hong Kong since Kuaishou Technology’s ...

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