16 Aug CATL to Raise RMB58.2bn in Private Placement for Battery Capacity Expansion
China’s leading battery manufacturer CATL [300750:CH] announced a private placement plan on August 12, aiming to raise up to RMB58.2bn to expand its battery production capacity, as reported by Caixin on August 13. CATL planned to issue at most 233m shares, equivalent to 10% of...