Tinci Materials eyes Hong Kong listing, hoping investors see past its sagging profits
The lithium battery materials maker aims to use funds from its planned IPO to advance its global expansion, as it grapples with declining profits and weak prices Key Takeaways: Tinci…
BRIEF: CATL jumps in trading debut as Hong Kong’s biggest IPO this year
Shares of electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (CATL) (3750.HK; 300750.SZ) opened up 12% from their IPO price in their Hong Kong trading debut on Tuesday, and continued…
BRIEF: CATL targets $4 billion in Hong Kong IPO, poised to become year’s top listing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ) launched its Hong Kong IPO on Monday, aiming to raise up to HK$31 billion ($4 billion) through the…
BRIEF: CATL passes Hong Kong listing hearing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (300750.SZ) passed its listing hearing with the Hong Kong Stock Exchange on Tuesday, clearing the way for what is likely…
Microvast zooms with turbocharged margin gains
The EV battery maker reported a huge increase in its gross profit margin last year, a significant achievement that can help it stand out in a crowded field Key Takeaways:…
BRIEF: CATL in talks to acquire Nio’s battery-swapping unit
Battery giant CATL (300750.SZ) is planning to acquire electric vehicle (EV) maker Nio’s (NIO.US; 9866.HK) battery-swapping unit, Nio Power, according to Reuters, citing unnamed sources familiar with the matter. It…
BRIEF: CATL gets Chinese regulatory nod for Hong Kong listing
Leading electric-vehicle (EV) battery maker Contemporary Amperex Technology Co. (300750.SZ), or CATL, received a listing approval notice from the China Securities Regulatory Commission (CSRC) on Tuesday — a necessary step…