CATL is said to eye filing for Hong Kong listing in coming weeks

Contemporary Amperex Technology is considering filing its application for its jumbo Hong Kong listing as soon as this month or early March, people familiar with the matter said.

The Shenzhen-listed firm’s Hong Kong float could raise more than US$5 billion (HK39 billion) as soon as the first half of 2025, Bloomberg News has reported, in what would be the biggest listing in the city in recent years.

CATL, as the world’s top electric-vehicle battery maker is known, is set to add Goldman Sachs, Morgan Stanley and UBS to the roster of banks arranging the offering, the people said, asking not to be identified as the deliberations are private.

Bank of America, China International Capital, CSC Financial and JPMorgan were poised to be lead arrangers of the listing, people familiar with the matter have said.