We provide key highlights in 1Q 2025 and the latest PHIP updates to CATL's upcoming listing in Hong Kong. CATL reported a 6.2% YoY increase in revenue in 1Q 2025, led by higher EV battery sales.
What is covered in the Full Insight:
1Q 2025 Financial Performance
Recent Product Launches
Share Buyback Program
Tariff and Trade Disputes
Market Valuation and Comparative Analysis
Boomeranged on Mon, 12 May 2025 03:00
CATL announced today that it plans to offer 117.9 million units priced at up to HK$263 per share ($33.8) for total proceeds of HK$31.01 billion (US$4 billion) in the Hong Kong. This is about 4% discount to the current listed price in Shanghai exchange. Cornerstone investors, including Sinopec and KIA, agreed to buy shares worth HK$2.62 billion (US$340 million). We remain Bullish on the company.