China's CATL set to price shares at HK$263 each in Hong Kong listing, sources say

Reuters

Tue, May 13, 2025, 10:42 PM 1 min read

SYDNEY (Reuters) -Chinese artillery shaper CATL is acceptable to terms its shares astatine HK$263 ($33.70) each successful the company's Hong Kong listing, according to 2 sources with nonstop cognition of the matter, raising astatine slightest $4 billion.

Prospective investors person been told orders for banal made beneath HK$263 per stock hazard missing retired connected allocations, the sources added.

The sources could not beryllium named discussing confidential information.

CATL did not instantly respond to a petition for comment.

($1 = 7.8048 Hong Kong dollars)

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