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…
BRIEF: Strong growth, greater efficiency charge up CALB’s annual profit
Lithium-ion battery maker CALB Group Co. Ltd. (3931.HK) announced on Monday it expects to report its 2024 net profit rose 80% to 100% to between 786 million yuan ($108.5 million)…
CATL to recharge its offshore output with new shares
The world’s leading maker of electric car batteries has filed for a secondary listing in Hong Kong, aiming to boost its production capacity outside China Key Takeaways: The company said…
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