financetom
Business
financetom
/
Business
/
China's CATL set to price shares at HK$263 each in Hong Kong listing, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's CATL set to price shares at HK$263 each in Hong Kong listing, sources say
May 26, 2025 7:24 AM

SYDNEY (Reuters) -Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each in the company's Hong Kong listing, according to two sources with direct knowledge of the matter, raising at least $4 billion.

Prospective investors have been told orders for stock made below HK$263 per share risk missing out on allocations, the sources added.

The sources could not be named discussing confidential information.

CATL did not immediately respond to a request for comment.

($1 = 7.8048 Hong Kong dollars)

(Reporting by Scott Murdoch and Kane Wu; Editing by Muralikumar Anantharaman)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved