CATL (03750.HK) announced the details of its IPO. It proposed to offer 118 million shares globally, with Hong Kong public offering accounting for around 7.5% and international offering accounting for around 92.5%. The maximum offer price reached $263, and the entry fee for a board lot of 100 shares would be $26,565.24.The IPO will commence today (12th) and close at noon on Thursday (15th), with the listing of shares expected for next Tuesday (20th). The joint sponsors are BofA Securities, CICC, China Securities International, and JPMorgan.Related NewsDaiwa Sees Limited Upside for HSI, Prefers HK Stocks w/ Tech Trading Opportunities Like BEIGENE/ OthersThe company has introduced 23 cornerstone investors for its listing, including the parent company of SINOPEC CORP (00386.HK) +0.010 (+0.245%) Short selling $41.78M; Ratio 19.488% , a subsidiary of CICC (03908.HK) -0.480 (-3.179%) Short selling $13.68M; Ratio 5.116% , CPIC (02601.HK) -0.200 (-0.860%) Short selling $11.72M; Ratio 7.107% , and PSBC (01658.HK) +0.080 (+1.643%) Short selling $19.47M; Ratio 19.899% , which subscribed for a total of US$2.63 billion (about $20.371 billion) in shares.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-13 12:25.)