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CATL gets green signal for at least $5b Hong Kong listing

CATL gets green signal for at least $5b Hong Kong listing

FILE PHOTO: People walk past a logo of the battery manufacturer Contemporary Amperex Technology Co. Limited (CATL) at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo

Chinese battery giant CATL‘s on Thursday received approval from the Hong Kong Stock Exchange for its listing in the city to raise at least $5 billion, according to two sources with direct knowledge of the matter.

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