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China's CATL files to raise at least $5b in Hong Kong listing

China's CATL files to raise at least $5b in Hong Kong listing

FILE PHOTO: A man walks outside CATL's battery cell production facility code-named "Z-base" in Ningde, Fujian province, China November 8, 2024. REUTERS/Kevin Krolicki//File Photo

Chinese battery giant CATL has started the process to list in Hong Kong by lodging its filings with regulators in a deal that is expected to raise at least $5 billion, according to two sources with direct knowledge of the matter.

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