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Ningde Times rumored that the Hong Kong IPO offered a discount of less than 10%.

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2025-05-07 07:19:55
May 7 news, CATL yesterday through the Stock Exchange listing hearing, it is reported that plans to raise at least 5 billion US dollars (about 39 billion Hong Kong dollars). According to multiple unnamed people familiar with the matter, CATL Hong Kong listing potential investors have been told that the issue price may be less than 10% discount to the company's Shenzhen-listed class A shares. Two of the people said that the discount may be in the mid-single digits. At present, the pricing has not been finalized. It is reported that CATL hopes that cornerstone investors and anchors will subscribe to about half of the shares issued in the transaction.
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