According to Bloomberg reports, CATL (300750.SZ), the giant power battery manufacturer, is considering a secondary listing in Hong Kong and plans to raise at least $5 billion, which could become the largest IPO in Hong Kong since the start of 2021. The reports said CATL is communicating with potential advisors and may list as early as the first half of 2025. The reports cited sources as noting that CATL is still under consideration and the plan may change. If the fundraising scale reaches $5 billion, it will surpass the $4.6 billion listing size of Midea Group (00300.HK) in September, becoming the largest IPO in Hong Kong since Kuaishou Technology (01024.HK) raised $6.2 billion in 2021. Last year, IFR also reported news that CATL may list in Hong Kong, and at that time the reports said the IPO team may include CICC, China Securities Construction Investment, Goldman Sachs and UBS. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd., Meishun (Hangzhou) Management Consulting Co., Ltd. All Rights Reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. Both companies are controlled by the same actual controller, under the unified management of China, and comply with the laws of Hong Kong and mainland China.