The U.S. House of Representatives Select Committee on China sent subpoenas to the CEOs of JPMorgan and Bank of America over their roles in Contemporary Amperex Technology's (SHE:300750, HKG:3750) Hong Kong IPO.
CATL debuted in Hong Kong in May, raising HK$41.0 billion, in what KPMG described as the largest IPO globally so far this year, and the biggest Hong Kong float since 2021.
JPMorgan and Bank of America underwrote the IPO.
The U.S. House panel accused CATL of being a "key player" in China's military-civil fusion strategy, developing technologies for commercial and military applications.
"CATL's industry-leading role in battery manufacturing-a sector explicitly targeted by China's state-driven military-civil fusion policy-poses significant U.S. investor and national security risks," according to the subpoenas.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。