CATL(SZ:300750) Huan Qiu Wang·2025-05-19 22:36Group 1 - CATL, a mainland electric vehicle battery manufacturer, is set to go public in Hong Kong, marking the largest IPO fundraising activity globally this year, with a total capital raised exceeding HKD 60 billion, a year-on-year increase of over 6 times [1] - The base issuance scale for CATL is 117.9 million shares, with an additional 17.7 million shares available for adjustment, aiming to raise USD 4.6 billion [1] - As of April this year, over 130 companies are queued for listing in Hong Kong, including notable firms like Cao Cao Mobility and JD Industrial [1] Group 2 - The Hong Kong stock market has shown resilience, with the Hang Seng Index rising approximately 16% this year, outperforming other major markets [1] - Average daily trading volume in April exceeded HKD 270 billion, representing a 1.4 times increase compared to the same period last year [1] - Total bank deposits in Hong Kong reached nearly HKD 18 trillion as of March, with a cumulative increase of 3.5% this year following a 7% rise last year [1] Group 3 - The Big Four accounting firms have a positive outlook for Hong Kong's IPO market, predicting that the total fundraising amount will rank among the top three globally this year [3] - Approximately 30 companies are planning A+H listings in Hong Kong, with over 30 Chinese concept stocks returning to Hong Kong after being listed in the US [3] - Deloitte forecasts that 80 new stocks will be listed in Hong Kong this year, raising between HKD 130 billion and HKD 150 billion, while KPMG predicts 70 to 80 companies will list, with fundraising amounts between HKD 130 billion and HKD 160 billion [3]