CATL Plans $5 Billion Share Placement, Stock Falls
Chinese battery giant CATL announced plans to raise $5 billion through a share placement, leading to an 8% drop in its stock price. This fundraising initiative comes as the company also secures its first major sodium-ion deal for energy storage.
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Chinese EV battery maker CATL rides green energy wave to raise $5 billion in Hong Kong - Reuters
Chinese EV battery maker CATL rides green energy wave to raise $5 billion in Hong Kong Reuters
Read full article →CATL Prices $5 Billion HK Share Placement at Low End of Range - Bloomberg.com
CATL Prices $5 Billion HK Share Placement at Low End of Range Bloomberg.com
Read full article →World’s biggest battery maker to raise $5bn in ‘opportunistic’ share placement
China’s CATL rides surge in foreign investor interest in renewable energy stocks since outbreak of war in Iran
Read full article →Ashes and memories: one family’s return to the site of Hong Kong’s worst fire in decades
Yip Shun-Ting Carbon returns for the first time to his apartment to salvage belongings after last year’s fire that killed 168 people, including his mother The Yip family once imagined moving to a country house, all three generations under the same roof, with their own vegetable garden and away from Hong Kong’s dense high-rises. A devastating fire, Hong Kong’s worst since 1948, took that future from them, leaving behind little but rubble and blackened walls. “Whatever we can retrieve is a bonu...
By Selina Cheng in Hong Kong. Photography by Fung Hoi Kin
Read full article →CATL plunges more than 8% as the Chinese battery maker unveils $5 billion share placement
Shares of Contemporary Amperex Technology (CATL) declined 8.5% after the EV battery giant unveiled plans for a roughly $5 billion equity placement in Hong Kong.
Read full article →Need for speed: China’s EV, battery makers race to cut charging times to under 10 minutes
Battery makers and electric vehicle (EV) manufacturers have seized on the Beijing Auto Show to showcase technologies promising shorter charging times in a race triggered by BYD and Contemporary Amperex Technology Ltd (CATL). Fast-charging technology has dominated the floor at the 10-day event which runs until May 3. Second-tier Chinese battery suppliers including CALB Group, EVE Energy and Sunwoda unveiled products capable of boosting power to 70 per cent, from a starting point of 10 per cent...
By Themis Qi
Read full article →Chinese EV battery maker CATL falls 8% after $5B fundraising plan
Read full article →Hong Kong anti-graft watchdog charges 2 men for inciting election boycott, blank votes in ‘patriots only’ legislative polls
Hong Kong’s anti-corruption watchdog has charged two men accused of urging others on social media to boycott and cast blank votes in last year’s legislative elections. The Independent Commission Against Corruption (ICAC), which oversees Hong Kong’s election legislation, said in a Monday statement that the two men, aged 38 and 63, were charged with alleged […]
By James Lee
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