CATL (300750.SZ) +1.640 (+0.638%) announced that it intends to issue overseas listed foreign shares (H-shares) and apply for listing on the main board of the Stock Exchange of Hong Kong, in order to further promote its globalization strategy, build an international capital operation platform and enhance its comprehensive competitiveness. This H-share issuance will be conducted globally.Previously, it had been reported that CATL would raise at least US$5 billion by listing in Hong Kong. Proposals on the final timing and size of the IPO will be considered at an EGM to be held on January 17, 2025.(A Shares quote is delayed for at least 15 mins.)Related NewsDaiwa Sees Limited Upside for HSI, Prefers HK Stocks w/ Tech Trading Opportunities Like BEIGENE/ Others