Battery Manufacturer CATL Raises $5 Billion from Share Placement
The company allotted 62.38 million new H shares
May 5, 2026
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Contemporary Amperex Technology (CATL), a China-based battery manufacturing and technology company, announced the completion of a share placement of 62,385,000 new H shares in Hong Kong on April 30, 2026, raising HK$39.12 billion (~$5 billion) after satisfying all conditions under the placing agreement.
