7% discount for liquidity, CATL has a clear understanding of this calculation.

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CryptoFrontier
CATL Targets $5B Hong Kong Share Placement
Contemporary Amperex Technology Co., Limited (CATL) is seeking to raise approximately US$5 billion through a Hong Kong share placement, according to Bloomberg. The shares are being offered at HK$628.20 (US$80) to HK$651.80 (US$83) each, representing a discount of 3.5% to 7% below CATL's 27 April
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