欢迎奇瑞汽车股份有限公司(HK.9973) 今日加入香港市场！奇瑞汽车是一家乘用车公司，专注于设计、 开发、制造及销售多样化的乘用车产品，包括燃油车和新能源汽车。恭喜成功上市！ 来源：市场资讯 （来源：香港交易所脈搏/HKEx Pulse） ...

本报讯 （记者李春莲）9月25日，奇瑞汽车股份有限公司（以下简称"奇瑞汽车"）在香港联合交易所主 板正式挂牌上市。作为2025年以来港股规模最大的车企IPO，奇瑞汽车借此迎来一次关键战略转型。截 至收盘，奇瑞汽车市值达到1841亿港元。 张云认为，奇瑞汽车这一路径给国内车企提供启示——本土未占先机时，没能做到数一数二，不妨先在 全球市场建立优势，再以利润和口碑反哺国内，墙外开花墙内香。中国新能源汽车正以"超级智 能"与"超级驾驶"重构行业格局，它不仅是消费升级与技术革命的交汇点，更是继陶瓷、丝绸、茶叶之 后最具全球竞争力的战略品类。 值得一提的是，里斯战略咨询还专设汽车事业部，为中国车企战略布局提供专业服务，并发布《全球新 能源汽车品类趋势研究报告》及行业首份聚焦Z世代的《新物种·新理念·新趋势：新能源汽车消费洞察 与预测（2024—2025）》等多份重磅成果，持续为行业输出前瞻性的战略指引。 奇瑞汽车是里斯战略咨询服务的汽车客户之一，针对奇瑞汽车赴港上市及中国汽车产业创新，里斯战略 咨询全球CEO、中国区主席张云认为，奇瑞汽车近年来实现高速增长，营收已居国内车企前列，关键驱 动力是奇瑞汽车前瞻性的海外布局。 ...

奇瑞汽车股份有限公司（简称"奇瑞汽车"）今日在港交所正式挂牌上市，股份代号 9973。此次上市， 奇瑞汽车以 30.75 港元 / 股的招股价上限定价，募资规模达 91.4 亿港元（注：现汇率约合 83.76 亿元人 民币），一举成为年内港股市场规模最大的车企 IPO。 果然财经｜年内港股最大车企IPO诞生，奇瑞汽车港交所上市 移动端评论 暂无评论 热门评论我要评论 微信扫码 果然财经｜年内港股最大车企IPO诞生，奇瑞汽车港交所上市 大众报业·齐鲁壹点11:36 鲁ICP备15022957号-13 鲁公网安备 37010202002220号 鲁新网备案号201000101 电信增值业务许可证： 鲁B2-20120085 齐鲁晚报·齐鲁壹点 版权所有(C) All Rights Reserved 联系电话：0531-82625462邮箱： 1790179766@qq.com ...

Core Viewpoint - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, raising approximately HKD 9.145 billion through the issuance of 297 million shares at an offering price of HKD 30.75 [1][3]. Group 1: IPO Details - The global offering included 13 cornerstone investors who subscribed for approximately HKD 4.566 billion, accounting for about 49.98% of the total shares offered [3]. - On the first day of trading, Chery's stock price peaked at HKD 34.98, representing a 13.75% increase, with a total trading volume of approximately 78.2685 million shares and a transaction value of HKD 2.6 billion [3][4]. - The closing price on the first day was HKD 31.92, giving the company a market capitalization of approximately HKD 184.09 billion [3][4]. Group 2: Financial Metrics - Chery's price-to-earnings (P/E) ratio is 12.21, and the price-to-book (P/B) ratio is 6.52 [4]. - The company has a return on equity (ROE) of 53.36% and a return on assets (ROA) of 6.61% [5]. - The stock's trading range on the first day was between HKD 31.72 and HKD 34.98, with a volatility of 10.60% [5]. Group 3: Market Comparison - Compared to other automotive companies listed in Hong Kong, Chery's valuation appears low, with a P/E ratio of 10.57 and a price-to-sales (P/S) ratio of 0.60 [6]. - The average P/E ratio for other listed automotive companies is 17.01, indicating that Chery may be undervalued relative to its peers [6]. Group 4: Subscription and Trading Activity - The public subscription for Chery's shares was highly competitive, with a subscription multiple of 308.18 times and a one-hand winning rate of 0.67% [8]. - The most net purchases on the first trading day were made by Barclays, Yau Tsai Securities, and Bank of China International, while the most net sales were by BTIG, Citic Lyon, and CICC Hong Kong [9]. - Chery's stabilization agent is CICC Hong Kong, with a green shoe option amounting to HKD 1.372 billion, which remains unexercised as the stock price stayed above the offering price [12].

Core Viewpoint - Chery Automobile Co., Ltd. officially listed on the Hong Kong Stock Exchange on September 25, 2023, raising approximately HKD 91.45 billion, marking the largest IPO of a car company in the Hong Kong market this year [2] Company Overview - Chery Automobile, established in 1997 and located in Wuhu, China, focuses on innovation and international market expansion, offering a diverse range of passenger vehicles, including both fuel and new energy vehicles [5] - According to Frost & Sullivan, Chery is the second largest domestic passenger car brand in China and the eleventh largest globally based on projected sales in 2024 [5] Sales Performance - In 2024, Chery's passenger vehicle sales are expected to grow by 49.4% compared to 2023, leading the growth among the top twenty global passenger car companies [5] - The company is the only one among the top twenty global passenger car companies to achieve over 25% growth in sales for both new energy and fuel vehicles, as well as in domestic and overseas markets [5] Domestic Market Insights - Chery's passenger vehicle sales in China are projected to increase by 56.0% in 2024, with new energy vehicle sales expected to rise by 277.3% compared to 2023 [6] - The company ranks first in sales growth for both fuel and new energy vehicles among the top ten passenger car companies in China [6] International Market Presence - Since exporting its first vehicle in 2001, Chery has sold over 13 million vehicles across more than 100 countries and regions [7] - Chery has maintained the highest export volume among Chinese independent passenger car brands for 22 consecutive years since 2003 [7] - In 2024, Chery ranks first among Chinese independent brands in Europe, South America, and the Middle East and North Africa, and second in North America and Asia (excluding China) [7] Brand Portfolio - Chery operates five major brands: Chery, Jetour, Exeed, iCAR, and Zhijie, each catering to different customer needs and market segments [7] - The revenue contribution from these five brands has been consistent, accounting for 89.1% in 2022, 92.7% in 2023, and projected at 90.3% for the first quarter of 2025 [7] Chery Brand Highlights - The Chery brand, targeting the mass market and family users, has sold over 10 million vehicles, making it the first independent passenger car brand in China to surpass this milestone [8] - Key models such as the Tiggo 8, Tiggo 7, and others have shown strong sales performance, with the Tiggo 8 ranking first in the Chinese fuel vehicle market among independent brands in 2024 [8]

据总部位于安徽省芜湖市的奇瑞汽车股份有限公司消息，该公司25日在香港交易及结算所有限公司(港 交所)挂牌上市，这也是今年港股规模最大的车企IPO。 奇瑞汽车成立于1997年。自2003年起，奇瑞汽车连续22年位居中国自主品牌乘用车公司出口量第一。 (完) （文章来源：中国新闻网） 该公司董事长尹同跃表示，在港股上市是迈进国际资本市场的重要一步。奇瑞汽车将加速技术创新，深 化全球布局，持续做强汽车主业；同时积极培育更多优秀企业，助力它们接力上市，为产业生态注入活 力。 奇瑞汽车此次港股IPO发行价格为每股30.75港元，募集资金总额约91.45亿港元。奇瑞汽车此次上市正 值其业绩快速增长期。2022年至2024年，奇瑞汽车营业收入从926.18亿元人民币增长至2698.97亿元人民 币。 ...

Group 1 - The Hong Kong stock market saw mixed performance with the Hang Seng Technology Index slightly down by 0.13%, while the National Enterprises Index rose marginally by 0.01% [2] - The Hang Seng Technology Index experienced a peak increase of 2% during the trading session before closing with a minor decline [2] Group 2 - Major technology stocks generally maintained an upward trend, with Xiaomi rising by 4.48%, JD.com by 3.46%, and Baidu by 2.33% [4] - Automotive stocks collectively increased, with Chery Automobile seeing a significant rise of nearly 14% on its first trading day, while other companies like Li Auto, NIO, and BYD also posted gains [4] - Copper prices surged due to supply tightness following an accident at the world's second-largest copper mine, leading to strong performances in the copper sector, with China Daye Non-Ferrous Metals soaring by 25% [4]

Market Overview - The Hong Kong stock market experienced fluctuations, with the Hang Seng Index initially rising nearly 2% before closing down 0.13% at 26,484.68 points, with a total turnover of HKD 314.89 billion [1] - The Hang Seng Tech Index rose by 0.89% to 6,379.19 points, while the Hang Seng China Enterprises Index saw a marginal increase of 0.01% to 9,444.22 points [1] Blue-Chip Performance - Xiaomi Group-W (01810) showed strong performance, rising 4.48% to HKD 59.45, contributing 72.84 points to the Hang Seng Index [2] - Other notable blue-chip stocks included Zijin Mining (02899) up 5.13%, JD Group-SW (09618) up 3.46%, while Haier Smart Home (06690) and Hang Seng Bank (00011) saw declines of 4.79% and 3.13% respectively [2] Sector Highlights - Large tech stocks mostly rose, with Xiaomi up over 4%, JD up over 3%, and Baidu up over 2% [3] - Copper stocks surged due to production disruptions, with Luoyang Molybdenum (03993) up 11%, and other copper-related stocks also seeing significant gains [3][4] - The robotics sector gained traction, with several companies experiencing notable increases in stock prices [4][5] Copper Market Dynamics - A landslide at Freeport McMoRan's Grasberg mine in Indonesia has halted production, expected to impact global copper supply significantly, with a projected 35% decrease in copper-gold output by 2026 [4] - This disruption is anticipated to support copper prices, as Grasberg accounts for approximately 3% of global copper supply [4] Robotics Sector Developments - The Chinese government is focusing on humanoid robots and related technologies, with significant investments expected in the coming years [5] - Companies like UBTECH and others are rapidly advancing in humanoid robot production, with substantial orders being reported [5] Chip Sector Activity - Semiconductor stocks remained active, with Huahong Semiconductor (01347) rising 4.74% and other chip companies also showing positive movement [5][6] Notable Stock Movements - China Everbright Holdings (00165) surged 25.89% to HKD 12.79, driven by investments in high-tech sectors [7] - Yimai Sunshine (02522) rose 14.08% following the launch of an AI medical imaging product in collaboration with Alibaba Cloud [8] - CATL (03750) reached a new high, up 5.14% to HKD 532, with Morgan Stanley upgrading its rating due to strong demand for energy storage batteries [9] - Chery Automobile (09973) debuted on the Hong Kong Stock Exchange, rising 3.8% to HKD 31.92, marking a significant IPO [10] - JD Group-SW (09618) increased by 3.46%, with plans for substantial investments in AI over the next three years [11]

Core Viewpoint - Chery Automobile Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, marking a significant milestone for the company after 21 years of preparation, with a fundraising scale of HKD 91.4 billion (approximately RMB 8.376 billion) [1][3] Group 1: Listing Details - Chery's IPO was priced at HKD 30.75 per share, making it the largest car company IPO in the Hong Kong market for 2025 [1] - The public offering was met with strong demand, receiving over 300 times subscription, and the stock opened at HKD 34.2 per share on the first day, reflecting an increase of 11.22% from the issue price [3] Group 2: Financial Performance - According to the prospectus, Chery is projected to achieve a revenue of RMB 269.897 billion and a net profit of RMB 14.334 billion in 2024 [3] - For the first quarter of 2025, the company expects a revenue of RMB 68.223 billion and a net profit of RMB 4.726 billion, indicating a strong and sustainable profitability [3] Group 3: Market Position and Strategy - Chery has been the leading exporter of Chinese self-owned brand passenger vehicles for 22 consecutive years, with 546,000 units exported in the first half of 2025, covering over 100 countries and regions [3] - The company plans to allocate 35% of the raised funds towards the development of new energy vehicles, 25% towards intelligent driving technologies, and 20% to support its global expansion [3]

Core Viewpoint - Chery Automobile Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, with its shares closing at HKD 31.92, reflecting a 3.80% increase on the first day of trading [1]. Group 1: Share Issuance Details - The total number of shares issued globally by Chery Automobile is 297,397,000 H-shares, subject to the exercise of the over-allotment option [2]. - The number of shares available for public offering in Hong Kong is 29,739,700 H-shares, while the international offering comprises 267,657,300 H-shares [2]. - The number of shares already issued at the time of listing (before the exercise of the over-allotment option) is 5,767,228,633 [2]. Group 2: Pricing and Proceeds - The final offering price for Chery Automobile's shares is HKD 30.75, with a price range during the offering set between HKD 27.75 and HKD 30.75 [5][6]. - The total proceeds from the offering amount to HKD 9,145.0 million, with estimated listing expenses of HKD 265.7 million, resulting in a net proceeds of HKD 8,879.3 million [4][6]. Group 3: Use of Proceeds - Approximately 35.0% of the net proceeds will be allocated to research and development of various passenger car models over the next one to three years [6]. - About 25.0% of the net proceeds is earmarked for the development of next-generation vehicles and advanced technologies to enhance core technical capabilities over the next one to three years [6]. - Approximately 20.0% of the net proceeds will be used to expand overseas markets and execute globalization strategies over the next one to four years [6]. - Around 10.0% of the net proceeds is planned for upgrading production facilities located in Wuhu, Anhui, over the next one to four years [6]. - The remaining 10.0% will be allocated for working capital and general corporate purposes [6]. Group 4: Cornerstone Investors - Key cornerstone investors include JSC International Investment Fund SPC, HHLR Advisors, Ltd., Shanghai Jinglin, and CICC Financial Trading Limited, among others [7]. - HHLR Advisors, Ltd. is a member of Hillhouse Group and acts as the investment manager for several investment funds [7].