Tesla Battery Supplier CATL Sees Stock Surge in Hong Kong’s Biggest IPO of 2025
Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL) saw its shares jump sharply on its Hong Kong debut, marking the largest initial public offering (IPO) of the year so far. The world’s leading electric vehicle (EV) battery manufacturer raised nearly HK$35.7 billion (US$4.55 billion) in the listing, with its stock climbing as much as…