CATL, as the world’s top electric-vehicle battery maker is known, is set to add Goldman Sachs Group, Morgan Stanley and UBS Group to the roster of banks arranging the offering, the people said, asking not to be identified as the deliberations are private.
Contemporary Amperex Technology Co. Ltd. is considering filing its application for its jumbo Hong Kong listing as soon as this month or early March, people familiar with the matter said.
The Shenzhen-listed firm’s Hong Kong float could raise more than US$5 billion ($6.75 billion) as soon as the first half of 2025, Bloomberg News has reported, in what would be the biggest listing in the city in recent years.
