Wall Street Bankers Race to Grab Slice of $5 Billion CATL Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: Bloomberg
Competitive Banking Landscape: The race for roles in Contemporary Amperex Technology Co. Ltd.'s (CATL) Hong Kong listing has intensified due to a lack of recent multibillion-dollar deals, leading bankers to prioritize this opportunity despite low fees and US blacklisting concerns.
Significant IPO Potential: CATL's upcoming share sale, dubbed "Bright 8," is projected to raise over $5 billion, marking it as Hong Kong's largest listing since 2021 and providing a much-needed boost to the market, which has seen a decline in IPO proceeds.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
