SCMP: The world’s largest initial public offering (IPO) of the year got off to a sizzling start on May 20, 2025, with shares of China’s largest EV battery maker Contemporary Amperex Technology (CATL), trading at 12.5 per cent above the offer price of HK$263. The stock, which surged to HK$307.60 at the local noon trading break, raised HK$35.7 billion (US$4.6 billion) and propelled the Hong Kong stock market to the second spot in global rankings. CATL founder and chairman Robin Zeng Yuqun was on hand to mark the start of trading on his company’s debut at the Hong Kong stock exchange. 《南華早報》：2025年5月20日，全球年度規模最大的首次公開發行（IPO）火熱開市。中國最大的電動車電池製造商寧德時代（CATL）的股價較發行價263港元上漲12.5%。午盤休市時，該股飆升至307.60港元，募集資金357億港元（約46億美元），推動香港股市躍居全球第二。寧德時代創辦人兼董事長曾氍群出席了公司在香港證券交易所的首次公開發行儀式.