CATL Is Said to Consider Up to $5 Billion Share Sale in HK

Contemporary Amperex Technology Co. Ltd. is considering a share sale to raise as much as $5 billion in Hong Kong after rallying strongly since its May listing in the city, according to people familiar with the matter.

Fujian-based CATL, the world’s biggest maker of electric-vehicle batteries, has held preliminary talks with banks about the placement, the people said, asking not to be identified because the deliberations are private.