Companies linked to China’s battery giant Contemporary Amperex Technology Co. Ltd. agreed to buy up to a 38% stake in Chinese data center operator VNET Group Inc. from an existing shareholder, in a deal that could be valued at up to $942 million.
Montage Technology Co. has overtaken Contemporary Amperex Technology Co. Ltd. as the most expensive dual-listed stock in Hong Kong relative to its mainland shares, propelled by surging demand for AI chips.
Traders are swiftly unwinding bearish positions against Contemporary Amperex Technology Co. Ltd.’s Hong Kong-listed shares as the focus shifts to the battery giant’s growth outlook following a $5 billion share sale.
A $5 billion placement by battery giant Contemporary Amperex Technology Co. Ltd. is setting the stage for a fresh wave of share sales in Hong Kong after volatility triggered by the war in Iran weighed on the deal flow.
A model of CATL's Evogo battery swapping station at the Shanghai Auto Show.
Hedge funds bought the bulk of the shares in Contemporary Amperex Technology Co. Ltd.’s $5 billion placement, with at least some of the demand driven by traders seeking to cover short positions on the battery maker’s Hong Kong-listed shares, according to people with knowledge of the matter.
A CATL Naxtra sodium battery at the Beijing Auto Show on April 25. Photographer: Qilai Shen/Bloomberg
Contemporary Amperex Technology Co. Ltd. said it signed a three-year deal to provide sodium-ion batteries to Beijing HyperStrong Technology Co., a domestic manufacturer of power equipment.
A Contemporary Amperex Technology Co Ltd. (CATL) sodium-ion battery model during the company's Tech Day event in Shanghai, China, on Monday, April 21, 2025. CATL, the world’s biggest producer of batteries for electric vehicles, unveiled the latest versions of its cells, playing up the durability and range of its products as the perceived limits of EVs still stop many consumers from making the switch.
Contemporary Amperex Technology Co. Ltd., the world’s biggest battery maker, has raised $5 billion after pricing a Hong Kong share placement at the bottom of a marketed range.
Attendees at the Contemporary Amperex Technology Co. Ltd. (CATL) Tech Day in Beijing, China. Photographer: Qilai Shen/Bloomberg
Contemporary Amperex Technology Co. Ltd. is seeking to raise about $5 billion from a Hong Kong share placement, according to terms of the deal seen by Bloomberg News, in what is the city’s largest offering yet this year.
Contemporary Amperex Technology Co. Ltd. is seeking to raise about $5 billion from a Hong Kong share placement, according to terms of the deal seen by Bloomberg News, in what is the city’s largest offering yet this year.
A sale of Contemporary Amperex Technology Co.’s shares disclosed on Monday— priced at a 5.1% discount — was more than twice subscribed. That underscores strong investor appetite for the stock even after the battery maker’s 20% rally this year.
Contemporary Amperex Technology Co. has once again overtaken oil giant PetroChina Co. in market value, as investors pile into the battery maker on war-driven optimism over green energy.
Contemporary Amperex Technology Co. has once again overtaken oil giant PetroChina Co. in market value, as investors pile into the battery maker on war-driven optimism over green energy.
Shares of Contemporary Amperex Technology Co. Ltd. jumped on Thursday after the world’s biggest maker of electric-vehicle batteries posted first-quarter profit that beat estimates and announced plans to expand in critical minerals.
A CATL battery model displayed during the IAA Mobility 2025 expo in Munich, Germany on Sept. 7.
Contemporary Amperex Technology Co. Ltd. is considering a share sale to raise as much as $5 billion in Hong Kong after rallying strongly since its May listing in the city, according to people familiar with the matter.
An earnings beat by Contemporary Amperex Technology Co. Ltd. next week may set the stage for a short squeeze, after a surge in the battery maker’s shares on bets tied to soaring energy prices.
An earnings beat by Contemporary Amperex Technology Co. Ltd. next week may set the stage for a short squeeze, after a surge in the battery maker’s shares on bets tied to soaring energy prices.
Top electric-vehicle battery maker Contemporary Amperex Technology Co. Ltd. has tapped the founder and ex-chairman of Zijin Mining Group Co. Ltd. as an advisor for its growing mining business, according to people familiar with the matter.
Shares of Contemporary Amperex Technology Co. traded at a record premium in Hong Kong over their mainland-listed peers, as strong earnings and energy supply shocks boosted demand for the battery giant.
A Contemporary Amperex Technology Co. (CATL) battery model.
Contemporary Amperex Technology Co. Ltd. shares jumped the most in about six months on Tuesday after the world’s largest maker of electric-vehicle batteries’ earnings beat analyst estimates.
The results solidify CATL’s position as an anchor of the global green energy transition at a time of growing uncertainty for battery makers. Photographer: Alex Kraus/Bloomberg
Strong quarterly results expected from Contemporary Amperex Technology Co. Ltd. may widen its market-capitalization lead over electric-vehicle maker BYD Co., reinforcing the companies’ diverging trajectories.
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