CATL likely to offer less than 10% discount for $5 billion Hong Kong listing, sources say By Reuters

CATL's Hong Kong Listing: Chinese battery giant CATL plans to raise about $5 billion through a Hong Kong listing, potentially pricing shares at a discount of less than 10% compared to its Shenzhen-listed stock, with investor meetings scheduled ahead of the book building launch next week.

Use of Funds and Market Context: The funds raised will partly finance a new battery plant in Hungary, and this listing would be the largest in Hong Kong since 2021, as offshore listings typically offer shares at a discount to attract investors.