On May 20, Contemporary Amperex Technology Co., Limited (CATL) was officially listed on the Main Board of the Hong Kong Stock Exchange (03750.HK).
For this Hong Kong listing, CATL globally offered a total of 135 million shares before the greenshoe option, with an issue price of HKD 263.00 per share. This offering marked the first “A-share followed by H-share” listing project priced using the “price cap only” method, with the set price cap at a zero-discount to the closing price of CATL’s A-shares on the pricing day. The entire Hong Kong listing process, from initiation to completion, took just 128 days. Investors included sovereign wealth funds, industrial capital, long-term institutional investors, insurance funds, and multi-strategy funds from 15 countries and regions. Upon listing, CATL’s shares opened high at HKD 296.00 per share, representing a 12.55% increase from the issue price.
During the listing ceremony, Zeng Yuqun, Chairman and CEO of CATL, delivered a keynote speech titled “Innovating Global Zero-Carbon Technologies to Drive the Global Zero-Carbon Economy.” He introduced the market prospects of the global zero-carbon economy and CATL’s layout in zero-carbon technologies from three perspectives: global zero-carbon transportation, global zero-carbon electricity, and the global industrial new energy transition.
