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Tesla EV Battery Supplier CATL's Stock Soars
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Stocks fell Tuesday, a day after the S&P 500 rose for a sixth-straight session as investors looked past a downgrade of the ...
Tesla supplier CATL rose 13% in its Hong Kong trading debut on Tuesday morning. The IPO raised $4.6 billion, primarily to fund its European expansion. CATL competes with Tesla and BYD in the ...
The reception suggests investors still have an appetite for Chinese companies despite trade tensions with the United States.
Investors are shunning US equities, and Hong Kong Stock Exchange can now claim the biggest IPO of the year. Plus, some ...
China has become a global leader in electric cars and car tech, with one of the highest personal EV adoption rates in the ...
Shares in CATL, the world’s leading maker of electric batteries, will start trading in Hong Kong on May 20, after a $4.6 billion IPO that’s the world’s largest this year so far. By ...
The allure of buying into a blue-chip stock at the forefront of EV technology outweighed the risks of getting caught up in ...
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