The IPO had raised 35.7 billion Hong Kong dollars ($4.6 billion) according to a company filing, reportedly making it the largest global listing in 2025.
BUSINESS
China Imports the Most Platinum in a Year as Squeeze Tightens
Chinese jewelers and investors imported the most platinum in a year last month, as the precious metal’s relative stability enhanced its attractiveness over surging and volatile gold.
China Gives EU Business Groups High-Level Meetings to Boost Ties
China is giving European business leaders its warmest welcome in years, in an effort to strengthen ties as Beijing seeks to counter Donald Trump’s tariff pressure and stabilize its slowing economy.
Shares of China’s battery giant CATL soar over 13% in Hong Kong debut, in world’s biggest IPO
Shares of China battery giant CATL opened 12.5 per cent higher than the subscription price on Tuesday (May 20) after the company raised US$4.6 billion in its Hong Kong listing, the largest of its kind…
China’s coal imports from Russia drop amid shift to domestic coal
China’s coal imports from Russia fell 13% in April from the same month last year to 7.397 million metric tons, customs data showed on Tuesday, as overall coal imports fell sharply.
After a Deadly Crash, China’s Car Brands Are Quietly Ditching the Term ‘Self-Driving’
Chinese automakers began removing the term “autonomous driving” from their materials. Manufacturers are updating feature names and marketing language following a series of accidents and tighter …
China isn’t getting rid of its controls over rare earths, despite trade truce with US
Despite a 90-day truce in its trade war with the United States, China appears to be maintaining tight control over its rare earth exports – preserving a key source of leverage in future negotiations …
China’s crude oil imports from Russia fall in April; imports from Malaysia surge
China’s imports of crude oil from Russia fell 12.9% in April from a year earlier, coming in at 8.07 million metric tons or 1.96 million barrels per day, Chinese customs data showed on Tuesday.
We head to China to check out how Singapore’s top-selling car brand intends to transform the automotive industry
BYD’s meteoric rise to the top of the automotive charts in Singapore has been nothing short of amazing. Getting to the number one position in less than three years is a pretty astonishing achievement …
Shares in China’s CATL, world’s biggest EV battery maker, surge in Hong Kong after $4.6 billion IPO
Hong Kong-trade shares in CATL, the world’s largest maker of batteries for electric vehicles, have jumped after the company raised around $4.6 billion in the biggest initial public offering globally …
Asian shares advance after China cuts interest rates to boost economy
Asian shares have advanced after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war.
Shares in China’s CATL jump over 11% in Hong Kong debut as battery maker rides electric-vehicle boom
The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global listing in 2025.
GM to stop exporting U.S.-made cars to China
The move comes as the United States and China continue discussions on tariffs and other trade issues. GM exported vehicles from the United States to China through its Durant Guild …
