** Shares of China's battery giant CATL 300750.SZ rise 5.4% to 222.79 yuan

** Stock on track for the biggest one-day pct gain since January 20

** CATL's Hong Kong listing to raise at least $5 bln is due to be approved by the city's stock exchange on Thursday, according to two sources with direct knowledge of the matter

** CATL plans to go ahead with its Hong Kong listing this quarter despite turmoil in the stock market, SCMP reported citing sources close to the deal

** The blue-chip CSI 300 Index .CSI300 rises 1% and the Shanghai Composite Index .SSEC adds 0.9%

** Shenzhen-listed stock down 18.5% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))