Contemporary Amperex Technology Co.’s latest share sale — priced at a 5.1% discount — was more than twice subscribed. That underscores strong investor appetite for the stock even after the battery maker’s 20% rally this year.
CATL Share Sale’s Tightening Discount Shows China Tech Momentum
Contemporary Amperex Technology Co.’s latest share sale — priced at a 5.1% discount — was more than twice subscribed. That underscores strong investor appetite for the stock even after the battery maker’s 20% rally this year.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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