World's biggest EV battery maker CATL's shares jump on debut in 2025's biggest IPO
Medhaa Gupta, Published on May 20th, 2025
Shares of the world's biggest EV battery maker CATL opened 12.5% higher than its subscription price on the first day of trading in Hong Kong. The Chinese company, which is a key supplier to Tesla, raised around $4.6 billion from the IPO, making it the biggest so far this year. CATL is also listed on the Shenzhen stock market.
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