Core Viewpoint - The stock of Seres (9927.HK) has seen a significant increase, closing up 4.3% at HKD 118.9, with a total market capitalization of HKD 207.1 billion [1] Group 1: Shareholder Activity - China International Capital Corporation Limited increased its stake in Seres by acquiring 565,000 H-shares at an average price of HKD 110.981 per share, totaling approximately HKD 62.7043 million [1] - Following this acquisition, the total number of shares held by this shareholder rose to 26.1715 million, with the ownership percentage increasing from 23.57% to 24.09% [1] Group 2: IPO Performance - Seres made its debut on the Hong Kong Stock Exchange earlier this month, raising a record net amount of HKD 14.016 billion, setting a new IPO record for Chinese automotive companies [1] - The IPO was well-received, with 22 cornerstone investors subscribing over HKD 170 billion, indicating strong market interest [1] - The company aims to leverage its "A+H" dual capital platform to support its global expansion strategy [1]

Core Viewpoint - Chery Automobile Co., Ltd. has reported strong financial performance in its first quarterly earnings report since its recent IPO, indicating significant growth in revenue and sales volume [1] Financial Performance - For the first three quarters, Chery achieved revenue of 214.83 billion yuan, representing a year-on-year increase of 17.94% [1] - The company's gross profit reached 29.464 billion yuan, up 9.1% from 27 billion yuan in the same period last year [1] Sales Performance - Chery Group's cumulative sales volume for the first three quarters was 2.0078 million units, marking a year-on-year growth of 14.5% and achieving a record pace of surpassing 2 million units within the year [1] - In the overseas market, Chery's cumulative export volume was 936,400 units, reflecting a year-on-year increase of 12.9%, maintaining its position as the top exporter of Chinese automobiles [1] - In Europe, Chery's cumulative sales reached 145,000 units, achieving more than double growth [1] Market Position - As of the end of September, Chery Group has over 17.72 million global users, with more than 5.43 million users located overseas [1] IPO Details - Chery Automobile officially listed on the Hong Kong Stock Exchange on September 25, with an IPO price set at 30.75 HKD per share, raising 9.14 billion HKD, making it the largest IPO for a car company in the Hong Kong market this year [1]