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<IPO>CATL (03750.HK) IPO Starts Tdy; 1-lot Entry Fee $26,565.24
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2025/05/12 00:15 GMT
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.

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The company has introduced 23 cornerstone investors for its listing, including the parent company of SINOPEC CORP (00386.HK), a subsidiary of CICC (03908.HK), CPIC (02601.HK), and PSBC (01658.HK), which subscribed for a total of US$2.63 billion (about $20.371 billion) in shares.
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