Seres Group Debuts on Hong Kong Stock Exchange in Record IPO
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.
Seres Group Co. Ltd. has officially been listed on the Main Board of the Hong Kong Stock Exchange under the stock code 9927.HK, marking a significant milestone as the first Chinese luxury new energy vehicle (NEV) manufacturer to be dual-listed on both the A-share and H-share markets. The public offering in Hong Kong was met with strong investor enthusiasm, being 133 times oversubscribed and raising over 170 billion Hong Kong dollars. The listing attracted 22 cornerstone investors, reflecting broad recognition of Seres’ growth prospects and high-quality development. The funds raised will be primarily allocated to research and development, as well as the expansion of diversified distribution channels, overseas sales, and charging system services. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seres Group Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE17397) on November 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
