By CHENG YU | chinadaily.com.cn | Updated: 2024-12-26
Chinese battery giant Contemporary Amperex Technology Co Ltd announced plans on Thursday night to list on the Hong Kong Stock Exchange.
The company, which is known as CATL and is the world’s largest electric vehicle battery maker, plans to issue overseas-listed foreign shares, or H shares.
It said the move will be part of a broader strategy to strengthen its international presence and bolster its competitiveness in the global market.