CATL shares surge 13% on first day of Hong Kong listing, biggest IPO deal of 2025
Shares of battery maker CATL or Contemporary Amperex Technology Co Limited, soared more than 13%, after the company’s debut in Hong Kong’s stock market on Tuesday. The company raised a whopping $4.6 billion, making it the biggest initial public offering anywhere in the world so far this year.CATL is a global leader in electric vehicle…