Chinese EV maker Seres targets $1.7bn in Hong Kong listing
Yahoo Financeยท2025-10-27 15:34
Chinese new energy vehicle (NEV) maker Seres Group has filed for a secondary listing in Hong Kong, seeking to raise HK$13.18bn ($1.7bn). According to its stock exchange filing, the company plans to offer 100.2 million shares, with a maximum price of HK$131.50 per share. Pricing is scheduled to be determined around 3 November, with trading expected to begin on 5 November. Around 10% of the offer will be earmarked for retail investors, with the remainder allotted to institutional buyers. The retail subsc ...