AsianFin -- Shares of CATL, the world’s largest electric vehicle battery maker, surged roughly 13% on Tuesday as the company made its trading debut in Hong Kong following a $4.6 billion initial public offering — the biggest IPO globally so far this year.
The strong market response to Contemporary Amperex Technology Co. signals continued investor interest in top-tier Chinese manufacturers, even amid ongoing trade tensions between the U.S. and China.
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