CATL Seeks $5 Billion in Largest HK Share Sale of 2026

Contemporary Amperex Technology Co. Ltd. is seeking to raise about $5 billion from a Hong Kong share placement, according to terms of the deal seen by Bloomberg News, in what is the city’s largest offering yet this year.

The Chinese battery maker is offering shares at HK$628.20 ($80.16) to HK$651.80 each, the terms show, representing a discount of 3.5% to 7% to Monday’s closing price in Hong Kong.