Main to remember
- The actions of Contemporary Amperex Technology Co., or CATL, climbed more than 16% during their negotiation start in Hong Kong on Tuesday after the manufacturer of Chinese electric vehicle batteries raised more than $ 4.5 billion in the largest registration in the world this year.
- CATL’s list is the largest in the world this year in the world, according to Dealogic data, exceeding $ 1.75 billion collected by the LNG Export Venture Global or the $ 1.57 billion per Coreweave supported by Nvidia.
- The Chinese company is an EV battery supplier to companies like Tesla.
The actions of Contemporary Amperex Technology Co., or CATL, climbed more than 16% during their negotiation start in Hong Kong on Tuesday after the manufacturer of Chinese electric vehicle batteries raised more than $ 4.5 billion in the largest registration in the world this year.
The list occurs while Chinese companies are struggling with the effects of the taxation of prices by the Trump administration, despite recent declines.
CATL, the largest manufacturer of electric vehicle batteries in the world, has benefited from the faith of investors in the boom of electric vehicles and collected $ 35.51 billion in Hong Kong ($ 4.54 billion) on its secondary list. (The company is already registered on the Shenzhen scholarship in continental China.)
CATL’s list is the largest in the world this year, according to Dealogic data, exceeding $ 1.75 billion collected by the liquefied natural gas exporter (GNL) Global exporter (VG) from its initial public offer in January or $ 1.57 billion by NVIDIA BACKED (NVDA) AI Clobal Provider Coreweave (CRWV). The second largest IPO this year was the IPO of $ 3 billion in March by JX Advanced Metals in Japan, according to the data supplier.
The company, which is a provider of EV batteries to companies like Tesla (TSLA), had sold 135 million shares at 263 dollars in Hong Kong ($ 33.60) each before its secondary list. Actions ended Tuesday at $ 306.20 HK.
In his prospectus, Catl said that at the end of last year, his “EV batteries were installed in more than 17 million vehicles, which represents one in three EVs in the world”. He said that most of the product IPCIS would go to the financing of his factory in Hungary.
Update – Perhaps 20, 2025: This article has been updated to include Dealogic data to show that this is the biggest list of this year.
