Contemporary Amperex Technology (CATL) (Ticker: 3750 HK) is a China-based company specializing in the research, development, production, and sales of electric vehicle and energy storage system batteries. CATL, already listed in Shenzhen, plans to list on the Hong Kong Stock Exchange on May 20, offering 117.9 million shares at a maximum price of HK$263, a slight discount from its domestic share price. This IPO aims to raise up to HK$31 billion (approximately US$4 billion), with the potential to increase by an additional 38 million shares. Reportedly, the proceeds will be used for brand promotion, business development, working capital, and strategic acquisitions. This IPO is expected to be the largest in Hong Kong since January 2021.