💨 Abstract

CATL, the world's largest EV battery maker, saw its shares jump 13% in its Hong Kong IPO debut after raising $4.6 billion, demonstrating strong investor interest despite ongoing U.S.-China trade tensions. The company sold over 135 million shares at HK$263 each, with shares trading at HK$296 at midday. CATL, which supplies automakers like Tesla and Volkswagen, faced U.S.

Courtesy: wtop.com