Workers check products at Contemporary Amperex Technology’s plant in Ningde, Fujian province. Photo: Xinhua Workers check products at Contemporary Amperex Technology’s plant in Ningde, Fujian province. Photo: Xinhua
Workers check products at Contemporary Amperex Technology’s plant in Ningde, Fujian province. Photo: Xinhua
A-shares

Tesla’s Chinese battery supplier plans US$9 billion placement in world’s fourth-largest stock sale this year amid EV boom

  • Contemporary Amperex Technology will sell some 232.9 million shares, or a 10 per cent stake, to as many as 35 institutional investors
  • Stock’s 43 per cent surge this year has vaulted chairman Robin Zeng to top of Hong Kong’s wealth charts with a fortune of US$45 billion

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Workers check products at Contemporary Amperex Technology’s plant in Ningde, Fujian province. Photo: Xinhua Workers check products at Contemporary Amperex Technology’s plant in Ningde, Fujian province. Photo: Xinhua
Workers check products at Contemporary Amperex Technology’s plant in Ningde, Fujian province. Photo: Xinhua
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