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

TORRETORRE
Apr 28, 2026 - 07:00
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CATL plunges more than 8% as the 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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