Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.

Investment banks managing Tesla (NASDAQ: TSLA) battery supplier CATL's IPO, the world's largest listing of 2025, are set to earn underwriting fees that fall below the industry standard.

Contemporary Amperex Technology Co. Ltd., the world’s largest maker of batteries for electric vehicles, is planning to limit the types of US investors that can participate in its Hong Kong listing, an indication that US-China tensions may be spilling into the IPO market.

HONG KONG] Qatar Investment Authority (QIA) and Sinopec are considering investing in Contemporary Amperex Technology Co Limited’s Hong Kong listing, one of the city’s biggest share sales in recent years,