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New Business

Co-founder of Chinese EV battery giant pockets US$239 million windfall from 1% stake sale

Huang Shilin, co-founder of Contemporary Amperex Technol­ogy (CATL) and its third-largest shareholder, has cashed in on a rally in the…

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New Business

CATL’s stellar run and record premium come up against doubling of stock supply

The spectacular gain in Contemporary Amperex Technology (CATL) shares since its Hong Kong listing faces a reality check this week:…

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New Business

CATL’s Hong Kong-Shenzhen share premium grows after JPMorgan upgrade

Contemporary Amperex Technology (CATL) surged in Hong Kong on Monday after JPMorgan Chase upgraded the stock, which extended a rebound…

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New Business

China’s CATL to mass-produce cheaper, more efficient sodium-ion EV batteries

“Sodium-ion battery technology is no longer a research achievement in laboratories,” Gao Huan, chief technology officer for EV business at…

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New Business

CATL gets CSRC nod for US$5 billion listing, in what may be Hong Kong’s biggest IPO in 4 years

The China Securities Regulatory Commission (CSRC) approved CATL’s plan to sell up to 220.17 million shares in the city, the…

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New Business

Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions

Hong Kong’s financial regulators have pledged to ease listing requirements for mainland Chinese companies, as they eye the city’s stock…

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New Business

China’s EV battery king CATL files Hong Kong IPO plan to fund global expansion

Contemporary Amperex Technology, the world’s largest producer of batteries for electric vehicles (EVs), is proceeding with a plan to list…

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