China Aviation Lithium Battery (CALB), the country’s third-largest electric vehicle (EV) battery maker, has raised HK$9.9 billion (US$1.26 billion) from its initial public offering, after pricing the shares at the bottom of the marketed range. The Jiangsu-based company initially had priced the shares at HK$51 apiece but settled at ...
View more: Chinese EV battery maker CALB raises US$1.26 billion in Hong Kong’s third-largest IPO this year after China Tourism Duty, Tianqi Lithium