Business Brief (April 14): CATL Said to Weigh $5 Billion Hong Kong Share Sale
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CATL Said to Weigh $5 Billion Hong Kong Share Sale
Contemporary Amperex Technology Co. Ltd. (CATL) is reportedly considering raising up to $5 billion through a share sale in Hong Kong and is also weighing the issuance of convertible bonds.
Beijing Responds to Reports on Iran
In response to reports that China plans to provide weapons to Iran, China’s Ministry of Foreign Affairs said that Beijing has always taken a prudent and responsible approach to military exports, enforcing strict controls in accordance with domestic laws and international obligations. The ministry expressed opposition to baseless smears or malicious associations.
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- CATL considers $5B Hong Kong share sale and convertible bonds.
- China denies weapons to Iran reports, stresses prudent exports and opposes smears.
- CaoCao targets 2026 profitability via robotaxis/AI; Huawei Pura X Max launches Apr 20; OPEC cuts Q2 oil demand forecast; US deploys 16 warships to Mideast; Iran seeks reparations; Japan 10yr bond yield hits high.
- Contemporary Amperex Technology Co. Ltd.
- CATL (Contemporary Amperex Technology Co. Ltd.) is reportedly considering raising up to $5 billion through a share sale in Hong Kong and issuing convertible bonds.
- CaoCao Inc.
- CaoCao Inc. is betting heavily on robotaxis and artificial intelligence, targeting annual profitability in 2026.
- Huawei
- Huawei executive Richard Yu announced that the company's new large foldable smartphone, the Pura X Max, will be officially released on April 20.
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