CATL Soars 18% on Day One — Is This Just the Start of 2025’s IPO Boom?
HK IPOs Are Back with a Bang! 💥
Despite the market’s recent volatility, Hong Kong IPOs have made a stunning comeback in 2025—just like the good old days! A wave of high-quality companies are heading to HK for listings, and the returns have been nothing short of eye-popping.
We didn’t miss the chance to ride the IPO wave—especially with $CATL(03750)$ 's blockbuster debut!
Here are some highlights from our community:
🎉 Huge congrats to @AlexTCP for locking in HK$2817 in profits on $CATL(03750)$.
🎉 Huge congrats to @HRHRHRHR for securing HK$1583 returns on $CATL(03750)$.
🎉 Huge congrats to @Punts for securing 11.22% returns on $CATL(03750)$.
🔥 Top IPOs of 2025 So Far
$MIXUE GROUP(02097)$: +182%
$GUMING(01364)$: +189%
$BLOKS(00325)$: +157%
And the biggest buzz recently? None other than the EV battery giant CATL (03750) — aka “King Ning.”
🚀 CATL’s Incredible Debut:
IPO Date: May 20, 2025
Funds Raised: HK$41 billion – pushing HK IPO fundraising back to #1 globally!
Stock Surge: Jumped as much as 18% intraday, closed up 16.43% at HK$306.2
Valuation: Nearly HK$1.4 trillion, trading at an 8.65% premium to its A-shares
Trading Volume: HK$8.28 billion – #2 in the entire market, only behind Xiaomi
CATL’s H-shares flipped from a discount to a premium right on Day 1—an impressive feat rarely seen!
🧱 The Powerhouse Behind CATL
CATL is no stranger to those following the EV space. Today, it’s the undisputed global leader in both EV and energy storage batteries:
Global Market Share (2024):
EV batteries: 37.9%
Energy storage batteries: 36.5%
Battery Capacity: 676 GWh across 13 global production bases
Applications: From cars and trucks to ships, construction machines, and even aircraft
What powers all this? Relentless R&D.
Since 2015, CATL has invested RMB 71.8 billion into R&D, built 6 major R&D centers, registered over 16,000 patents, and applied for 27,000+ more.
🌍 Real-World Impact
By the end of 2024:
17 million+ EVs globally used CATL batteries
1 in 3 new energy vehicles worldwide carries a CATL battery
Energy storage batteries deployed in 1,700+ projects worldwide
Backed by clients like SAIC, Geely, $NIO Inc.(NIO)$, $XIAOMI-W(01810)$, BMW, and energy giants such as China Huaneng, Sinopec, $NextEra(NEE)$ , CATL’s growth is on hyperdrive.
📈 Why 2025 Could Be the Year of HK IPOs
As market valuations recover and southbound capital flows back into Hong Kong, investor confidence is clearly returning. A record number of companies—especially from AI, biotech, and semiconductors—are choosing HK for listings. Many are also adopting multi-venue IPOs to diversify risks and expand financing channels.
All signs point to 2025 being a blockbuster year for Hong Kong IPOs.
Are you riding the IPO wave? Got a big win to share?
👇 Let us know in the comments!
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