Core Viewpoint - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, 2023, achieving a market capitalization of HKD 184.09 billion, making it the largest IPO in the Hong Kong automotive sector for the year [1]. Summary by Category Company Performance - Chery's stock price opened at HKD 30.75 per share and closed at HKD 31.92, reflecting a 3.80% increase on its first trading day, with an intraday rise exceeding 10% [1]. - The total market capitalization of Chery Automobile reached HKD 184.09 billion, surpassing competitors such as Xpeng Motors, Great Wall Motors, and NIO, ranking fourth among Hong Kong-listed automotive companies [1]. Market Position - Following the listing, Chery's market capitalization positioned it just below Geely Automobile, which has a market cap of HKD 186.686 billion, and above Xpeng Motors (HKD 164.817 billion) and Great Wall Motors (HKD 140.691 billion) [1][2]. - The top three automotive companies by market capitalization in Hong Kong are BYD (HKD 986.481 billion), Li Auto (HKD 218.370 billion), and Geely Automobile (HKD 186.686 billion) [2].
奇瑞汽车上市首日总市值超1840亿港元，位列港股车企第四