
CATL is rumored to plan a placement to raise HKD 39 billion, and its stock price has increased 1.6 times since its listing in Hong Kong

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CATL is exploring a rights issue, planning to raise approximately HKD 39 billion (USD 5 billion), but the timing and scale have not yet been determined. Since its listing in Hong Kong last May, the stock price has increased by 1.6 times, closing today at HKD 682.5. Meanwhile, mainland authorities held a symposium emphasizing the governance of "involution" competition to promote the healthy development of the battery industry
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