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CATL plunges more than 8% after Chinese battery maker unveils $5 billion share placement

  • Posted on April 28, 2026
  • By CNBC
  • 0 Views
  • 1 min read
CATL plunges more than 8% after Chinese battery maker unveils $5 billion share placement
CATL plunges more than 8% after Chinese battery maker unveils $5 billion share placement

Shares of Contemporary Amperex Technology (CATL) declined 8.5% after the EV battery giant unveiled plans for a roughly $5 billion equity placement in Hong Kong.
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CNBC

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