Shares in Chinese battery giant Contemporary Amperex Technology (CATL) rose as much as 18.4 per cent above the offer price on their first day on the Hong Kong Stock Exchange. (The Logic)

Talking point: Automakers like Honda may be slowing their EV production plans, but China is embracing the technology. CATL’s newest EV battery can charge at a rate as high as 75 kilometres every 30 seconds, giving drivers up to 800 kilometres in driving range, the Ningde, Fujian-based firm said last month. The technology would be well beyond what some of its clients, like Tesla, can offer today. CATL raised about $6.3 billion in the initial offering by telling investors it would stay focused on innovation, touting its patent portfolio and R&D spending. Its IPO comes amid a global resurgence in other new listings.