<ul><li>CATL rose 13% in its Hong Kong trading debut on Tuesday morning after raising $4.6 billion in its IPO for European expansion.</li><li>CATL, a major Tesla supplier, competes in the EV battery market with companies like Tesla and BYD.</li><li>The IPO raised funds for a new battery plant in Hungary and ongoing business operations; CATL also has a partnership with Stellantis.</li><li>CATL's new battery technology aims to out-charge competitors like BYD and Tesla, with a focus on fast-charging capabilities.</li></ul>

Tesla battery supplier CATL pops in its first day of Hong Kong trading

Discover more