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Chinese battery giant CATL raises $6.7 billion in stock sale


You’re here Inc. battery supplier Contemporary Amperex Technology raised about $6.7 billion in one of the world’s largest equity sales this year, showing the relative resilience of China’s equity offerings market.

The deal also reflects investors’ continued appetite for certain new energy-related investments, even as the stock prices of many U.S.-listed electric vehicle makers have fallen in recent months.

wsj

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