Blacklisted in the US, Chinese battery giant raises billions in Hong Kong trading debut
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Euronews.com
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CATL, the largest electric vehicle battery manufacturer, successfully debuted on the Hong Kong stock exchange, raising at least $4.6 billion. Despite US trade tensions and being blacklisted, CATL's shares soared, indicating strong international investor interest. The company plans to use the funds for European factory expansions in Germany and Hungary, aiming to localize production and increase market share. CATL reported a profit increase and is committed to zero-carbon technology. Teljes cikk (Euronews.com)