Shares of the world's largest battery maker, Contemporary Amperex Technology Co., Limited (CATL), jumped 12.55% in their Hong Kong trading debut on Tuesday, trading at 296 Hong Kong dollars a piece against the initial public offering (IPO) price of HK$263.
The IPO raised HK$35.7 billion ($4.6 billion) according to a company filing, making it the world's largest listing in 2025, despite CATL being added to a watchlist by the Pentagon in January due to...
