February 14, 2025 03:17 GMT
EM ASIA CREDIT: Contemporary Amperex (CONAMP, A3/A-/NR) thumbs up from S&P
EM ASIA CREDIT
Contemporary Amperex (CONAMP, A3/A-/NR)
"X-S&PGRBulletin:Secondary Listing Will Solidify CATL's Profile" - BBG
- In summary, raising offshore money is a positive development, and will support the build up of battery capacity outside of China (notably Hungary).
CATL is the largest EV battery supplier in the world, but with limited exposure in the US market, so somewhat immune to tariff hikes.
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