Chinese EV Battery Giant CATL’s Shares Surge on Hong Kong Debut - WSJ

1. CATL raised $4 billion in a second listing, shares soared 13%. 2. The company leads global battery market, powering every third EV worldwide. 3. Easing U.S.-China trade tensions have increased risk appetite in equity markets. 4. CATL's outlook remains uncertain due to limited revenue exposure to the U.S. market. 5. They operate 13 manufacturing bases globally, with strong international presence.