China aims to install over 180 million kW of new energy storage capacity by 2027, driving about RMB 250 billion ($35 billion) in direct project investment.
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Category: CATL Stock
Compared with the offering price of HK$263, CATL has risen 71 percent.
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Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.
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CATL rose about 8 percent to HK$284 in Hong Kong gray market trading as of press time.
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CATL bought back RMB 254 million of its shares today, the first of its latest share buyback program.
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