BBC|1 minute read

Tesla Battery Maker CATL's Shares Soar in Hong Kong Debut: A Shocking Rise!

TL;DR

CATL, the Chinese battery giant and Tesla's key supplier, made waves with a stunning debut on the Hong Kong Stock Exchange, witnessing an impressive surge of 14%. This IPO marks a pivotal moment in the electric vehicle (EV) industry, with CATL showcasing its dominance in battery technology and production.

Key Highlights:

  • Shares jumped significantly upon debut, reflecting investor enthusiasm.
  • Major news outlets, including BBC and Bloomberg, highlighted the IPO's success.
  • CATL's growth is seen as a critical factor for the future of electric vehicles.

Read on for the full story!

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