Shares in leading Chinese battery maker CATL soared more than 16 per cent on their first trading day in Hong Kong after the world’s biggest listing so far this year.
The secondary offering raised at least $4.6bn, with the amount set to rise to $5.3bn if an option allowing underwriters to sell more shares than planned is exercised.
It is among the largest offerings in Hong Kong by Chinese companies already listed on the mainland in recent years, with CATL also quoted in Shenzhen.
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