Chinese battery giant CATL soars more than 13% on Hong Kong debut | AFP

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Chinese battery giant CATL soars more than 13% on Hong Kong debut | AFP

Representatives of CATL toast after the Chinese battery giant made its debut on the Hong Kong Stock Exchange, with shares soaring 13 percent after raising US$4.6 billion in what is said to be the world’s biggest initial public offering this year. A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide.

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