Avatr Technology, an electric vehicle maker backed by CHANGAN AUTOMOBILE (000625.SZ) -0.100 (-0.814%) , CATL (03750.HK) +16.500 (+3.110%) Short selling $438.90M; Ratio 24.479% , and Huawei, is currently in the final preparation stages for a Hong Kong IPO, according to a report by Cailian Press.It is understood that Avatr plans to submit its listing application by this October and complete the listing by 2Q26. The company was previously reported to aim for a fundraising amount of around USD1 billion.Related NewsHSBC Research Sets HSI Yr-End Target at 27,010, Eyes 31,000 by End-2026Avatr was established in 2018 as a joint venture between Changan and NIO-SW (09866.HK) -0.900 (-1.590%) Short selling $52.60M; Ratio 22.070% . It brought in CATL and other investors after NIO-SW axed its stake. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-29 16:25.) (A Shares quote is delayed for at least 15 mins.)