Contemporary Amperex Technology Ltd. (CATL) — the world’s largest maker of batteries for electric vehicles, saw its shares surge as much as 18% on its first day of trading in Hong Kong. The company raised $4.

Shares of Jiangsu Hengrui Pharmaceuticals soared Friday morning, as more companies seek to tap Hong Kong’s capital markets.

CATL's IPO is reported to be the largest listing made in 2025 globally. On the Shenzhen stock exchange, CATL shares initially opened lower but reversed course to rise 1.5% to 264