Bank of America (BAC) and JPMorgan Chase (JPM) are being asked by the chair of a US congressional committee on China to stop working on the Hong Kong listing of Chinese battery manufacturer Contemporary Amperex Technology, or CATL, Bloomberg reported Thursday, quoting a document from the committee.

The committee's chair, John Moolenaar, a member of the Republican Party, made the requests through letters sent to Bank of America Chief Executive Brian Moynihan and JPMorgan Chief Executive Jamie Dimon, according to the report.

Contemporary Amperex Technology's listing may raise at least $5 billion, Bloomberg reported.

Bank of America and JPMorgan didn't immediately respond to requests for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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