CATL allegedly gets approval for Hong Kong listing - Breaking The News

CATL allegedly gets approval for Hong Kong listing

10 April

1 min read

EPA-EFE/JESSICA LEE

Contemporary Amperex Technology Co., Limited (CATL) will be listed on the Hong Kong Stock Exchange (HKEX) after getting an approval, China Securities Taurus reported on Thursday, citing sources.

Earlier in February, the company submitted its documentation to HKEX and later in March announced that it had received a notice from the China Securities Regulatory Commission. It further revealed that it was planning to issue no more than around 220 million shares.

CATL detailed that whatever funds are gathered through the HKEX would be used for "overseas capacity expansion, international business development and overseas operating capital replenishment."

ipo catl

Related Stocks

Hong Kong Exchang...

Euronext launches prospectus to increase IPO activity

25 April

Euronext N.V. presented on Friday its "European Common Prospectus, a single, standardized template for equity issuances," which aims to speed up capital market integration, as well as boost IPO (initial public offering) activity in the European Union."Euronext has continuously simplified listing rules, with harmonised rulebooks to enable issuers to tap into our single liquidity pool powered by our single trading platform Optiq. This new prospectus ... complies...

Klarna allegedly pauses IPO due to tariffs

4 April

Swedish fintech company Klarna decided to pause its planned initial public offering (IPO) amid the Trump administration's introduction of global tariffs, the Wall Street Journal reported on Friday, citing sources briefed on the matter.The fintech company filed for an IPO in New York on March 14. It planned to list on the New York Stock Exchange (NYSE) under the ticker symbol KLAR, but it did not disclose the number of shares it intends to offer nor the expected price...

CoreWeave debuts on NYSE at $39 per share, down 2.5% from IPO price

28 March

Cloud computing provider CoreWeave made its debut on the NYSE Friday, opening at $39 per share under the symbol CRWV, slightly below its initial $40 IPO price.The tech firm secured $1.5 billion through its public offering, marking the largest US technology IPO since UiPath went public in 2021. Despite seeing a dramatic 737% revenue increase year-over-year, CoreWeave recorded a net loss of $863 million in the previous year.The company provides access to vast...

CoreWeave slashes IPO price to $40, raising $1.5 billion

28 March

Cloud computing startup CoreWeave announced its initial public offering at $40 per share, significantly below its expected range of $47 to $55. Alongside the lower pricing, the Nvidia supplier for AI applications also trimmed the offering size from 49 million to 37.5 million shares.Despite the cut, the sale raised $1.5 billion, valuing the company at approximately $19 billion. Shares are set to begin trading Friday on the Nasdaq under the ticker symbol "CRWV."Nvidia—one...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.