Seres Group Debuts on Hong Kong Stock Exchange in Record IPO

Reuters
2025.11.07 15:43
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Seres Group Co. Ltd. has debuted on the Hong Kong Stock Exchange under the stock code, becoming the first Chinese luxury NEV manufacturer to be dual-listed. The IPO was highly successful, being 133 times oversubscribed and raising over 170 billion Hong Kong dollars. The funds will be used for R&D, expanding distribution channels, overseas sales, and charging services.