CATL prices shares at low end of range at HK$628

CATL prices shares at low end of range at HK$628

China’s Contemporary Amperex Technology Company Limited (CATL) has priced its Hong Kong share sale at the lower end of the indicated range, ⁠raising HK$39.19 billion, according to an exchange filing on Tuesday. CATL, the world’s largest EV battery maker, is offering 62.4 million new H shares at HK$628.20 each, representing a seven percent discount to the ⁠stock’s last close. CATL ⁠has launched the share sale in ⁠Hong Kong as it seeks to secure capital with its share pri...
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