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<IPO>CATL Clears SEHK Listing Hearing, Reportedly Aiming to Raise US$5B

CATL has passed the listing hearing with the Stock Exchange of Hong Kong (SEHK), with BofA Securit...

CATL has passed the listing hearing with the Stock Exchange of Hong Kong (SEHK), with BofA Securities, CICC, China Securities International, and JPMorgan serving as joint sponsors.

CATL launched today its pre-deal investor education (PDIE) for international investors to gauge investor interest, Chinese media reported, citing sources.

The company is expected to start its IPO between early and mid-May, targeting to raise around US$5 billion (about $39 billion), which could make it the largest IPO in the Hong Kong market in recent years.

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