HK Listing

Eve Energy plans to use the proceeds for its Hungarian production base and the third phase of its Malaysian production base.

WeRide is one of China's earliest companies focused on smart driving solutions, and went public on the Nasdaq in October 2024.

Eve Energy is set to become the latest Chinese battery maker to list in Hong Kong after CATL.

Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.

CATL rose about 8 percent to HK$284 in Hong Kong gray market trading as of press time.

Hesai is the second Chinese company after Pony AI to be reported this month to have confidentially filed for a Hong Kong listing.

Pony AI could be listed in Hong Kong this year, according to Bloomberg.

CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.

CATL plans to use about 90 percent of the proceeds for its project in Hungary.

Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.