China's CATL to raise up to $4 billion in Hong Kong listing

Pedestrians wearing face masks following the Covid-19 outbreak, walk past a HSBC bank branch in Hong Kong on Feb. 22, 2022. [REUTERS/YONHAP]
Pedestrians wearing face masks following the Covid-19 outbreak, walk past a HSBC bank branch in Hong Kong on Feb. 22, 2022.

Chinese battery giant CATL is aiming to raise 31.01 billion Hong Kong dollars ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday.

The company is selling 117.9 million shares at a maximum offer price of 263 Hong Kong dollars per share, according to filings lodged with the Hong Kong Stock Exchange.

Yonhap