Chinese battery giant CATL’s fundraising in Hong Kong will “not be large” given its current cash reserves, the company told China Daily on Friday after it announced plans to seek a secondary listing in the city to strengthen its international expansion.
No matter how large the CATL IPO on HKEx is, it will still help to boost HK's position as a financial hub if more Chinese companies list in HK https://kpmg.com/cn/en/home/media/press-releases/2024/10/hk-reclaims-position-among-top-five-global-ipo-venues.html
If you’re interested in Chinese stocks then you might want to read my Chinese restaurant stock analysis series. The second part is out now
https://open.substack.com/pub/dragoninvest/p/chinese-restaurant-stock-analysis?r=53xvwu&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
I think I can buy CATL stock after reading this article.Hahahaha