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flag CATL, a leading Chinese battery maker, plans a Hong Kong IPO this year to raise billions.

flag Contemporary Amperex Technology Co. Ltd. (CATL), a leading Chinese battery maker, is planning an IPO in Hong Kong for the first half of 2025. flag The company, already listed in Shenzhen, has hired banks including JPMorgan and Bank of America to handle the listing, expected to raise billions. flag This move comes amid rising tensions between China and the US and a surge in Hong Kong's IPO activity.

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