Shares in CATL - the world’s largest EV battery maker - surged more than 16% in their Hong Kong trading debut, following a massive $4.6 billion IPO. That makes it the biggest listing globally this year, and a strong vote of confidence from investors betting on the EV boom.
➡️ Hong Kong-listed shares were trading at a premium compared to its A-Share counterpart, a rare occurrence for a dually-listed company.
➡️ Despite U.S. trade tensions and being placed on a Pentagon watchlist, analysts remain bullish. With Europe and emerging markets in focus, CATL is doubling down on its global ambitions.
Read more about CATL’s IPO debut here: https://cnb.cx/43tgK8N
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