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CATL Opens 6.7% Lower on Shr Placement at 7% Discount, Raising Net of $39.1B+
CATL (03750.HK) announced a share placement at a 7% discount. The stock opened 6.74% lower today (28th) at $630, with pre-market trading volume of 719,600 shares, involving $453 mi...
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CATL Opens 6.7% Lower on Shr Placement at 7% Discount, Raising Net of $39.1B+
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CATL (03750.HK)  -46.500 (-6.884%)    Short selling $4.34B; Ratio 49.427%   announced a share placement at a 7% discount. The stock opened 6.74% lower today (28th) at $630, with pre-market trading volume of 719,600 shares, involving $453 million.

CATL planned to place 62.385 million new H-shares, representing approx. 28.58% of the number of enlarged H shares and approx. 1.36% of the number of issued shares. The placing price per share is $628.2, representing a discount of about 7% to yesterday's (27th) closing price of $675.5.

Related NewsCiti: CATL (03750.HK) Product Performance Leads Industry, Expected to Gain Market Share
The net proceeds from the placing are approx. $39.11 billion, which will be used for the construction of global new energy projects and the layout of zero-carbon business, R&D investment, supplementing daily working capital and other general corporate purposes, in order to accelerate the implementation of the global zero-carbon strategy and support long-term sustainable development.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 16:25.)

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