"Catl" sets the subscription price at the highest limit in the largest general offer during 2025

Connex Amporax Technology is preparing to raise at least $ 4 billion by inserting its shares on the Hong Kong Stock Exchange, after deciding to praise the offer on the upper boundary of the scope she previously announced, according to the people who are familiar with the case, thanks to the strong demand for the shares of the company. The Chinese manufacturer of electric car batteries, known as “Catl”, informed investors that they intended to praise the stock at $ 263 Hong Kong, according to the people who asked not to reveal their identity because the information was not disclosed. This price is the maximum of the business when he started receiving purchase orders on Monday. The same people explained that the company intends to close the subscription door today. ‘Conferrer’ expects to raise $ 4 billion, which is expected to amount to a total of $ 31 billion in the company (equivalent to $ 4 billion) based on the sale of 118 million shares within the basic general offer. The number could rise to $ 4.6 billion as the option of increasing the amount of supply is activated by 15%. The company plans to start trading its shares on May 20. People said that the discussions are underway and that no final decisions have been made yet. The “Conferrex technology” immediately did not respond to a request for comment. ‘Conferrax technology’ has managed to continue with what is expected to be the largest in the world since the beginning of this year, despite the tension between Beijing and Washington. Last month, a committee in the US Congress both Bank of America and JP Morgan Chase & Co, invited the two most important US banks who participated in the first public offering management to withdraw in the agreement, including the inclusion of the US Department of Defense on the ban list. Nevertheless, the banks are still working on the agreement. The price of the leading shares is closer to completion, while the largest infection in Hong Kong is being considered since the first public offer of the $ 6.2 billion Cochnology Company during 2021. People who are familiar with the demand for investors indicated that the shares are available on the first day of the first public offer, although the company has imposed on the participation of some US investors. Hong Kong subscriptions, “Conferres Technology” is the latest company to host the first public offering step after US President Donald Trump’s application of comprehensive customs duties. Even before the last 90 days of temporary suspension period on many fees, several Chinese businesses have moved forward in their inclusion plans, as part of their effort to obtain liquidity from investors. The competition of “Concerex technology” will double more than twice the total revenue collected by the Hong Kong Stock Exchange from this year’s listing, which could be more than $ 22 billion, according to the “Bloomberg Intelligence” estimates. The initial public presentation process is led by the Bank of America, the company “China International Corp”, “China Securities International”, and “JP Morgan”, together with the participation of both banks of “Goldman Saks Group”, “Morgan Stanley” and “UB s Sunset.”