CATL raises $4.6bn in Hong Kong listing to power global expansions
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CATL raised $4.6 billion in a secondary listing in Hong Kong on May 20, marking the world’s largest initial public offering (IPO) year-to-date. The Chinese battery giant plans to use the proceeds to complete construction of a 40 GWh gigafactory in Hungary, set to begin production in 2025, as part of its broader strategy to […]