CATL faces further scrutiny for Hong Kong share issuance

Contemporary Amperex Technology Co., Ltd. (CATL) [SZSE:300750] is undergoing review for its application to issue overseas listed foreign shares (H shares) and list them on the Main Board of the Hong Kong Stock Exchange (HKEX). On April 10, 2025, the HKEX Listing Committee held a hearing to review the application. The joint sponsors received a letter from the HKEX on April 11, 2025, noting the committee's review, but emphasizing that formal listing approval is still pending and the HKEX retains the right to raise further opinions on the application. The issuance and listing are subject to final approvals from regulatory bodies including the Hong Kong Securities and Futures Commission and the HKEX. Investors are advised to exercise caution due to the uncertainties involved. The company will fulfill its information disclosure obligations in accordance with the law.