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Investing.com -- Contemporary Amperex Technology Co. Ltd., also known as CATL, is reportedly considering filing its application for a significant Hong Kong listing.
The filing could take place as early as this month or in early March, the report said, citing sources familiar with the situation.
The Shenzhen-listed firm’s Hong Kong float could potentially raise more than $5 billion in the first half of 2025, Bloomberg reported earlier.
CATL, recognized globally as the leading electric-vehicle battery maker, is expected to include Goldman Sachs Group Inc (NYSE:GS)., Morgan Stanley (NYSE:MS), and UBS Group AG (NYSE:UBS) in the group of banks organizing the offering, the report added.
Bank of America Corp (NYSE:BAC)., China International Capital Corp., CSC Financial Co., and JPMorgan Chase & Co. (NYSE:JPM) are also anticipated to be lead arrangers of the listing.
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