China's CATL set to price shares at HK$263 each in Hong Kong listing, sources say
SYDNEY, May 14 (Reuters) - Chinese battery maker CATL (300750.SZ), opens new tab is set to price its shares at HK$263 ($33.70) each in the company's Hong Kong listing, according to two sources with direct knowledge of the matter, raising at least $4 billion.
Prospective investors have been told orders for stock made below HK$263 per share risk missing out on allocations, the sources added.
The sources could not be named discussing confidential information.
CATL did not immediately respond to a request for comment.
($1 = 7.8048 Hong Kong dollars)
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