Daily BriefsIndustrials

Daily Brief Industrials: CALB and more

In today’s briefing:

  • CALB IPO Preview

CALB IPO Preview

By Douglas Kim

  • China Aviation Lithium Battery (CALB) is getting ready for an IPO in Hong Kong.
  • In the past several days, CALB received the approval from the Hong Kong stock exchange for an IPO.
  • In the next two years, CALB expects its production capacity for lithium batteries to increase to about 55 GWh which is more than 6x the capacity at end of 2021. 

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