Tag: huawei

The post Seres Group Raises $1. 8 Billion in Hong Kong IPO, Eyes Global EV Expansion appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Seres Group successfully raised $1. 8 billion through its Hong Kong IPO, expanding the offering by 8. 4% to sell 108. 6 million shares at HKD 131. 50 each. This milestone listing, starting trading on November 5 under ticker 9927, bolsters the EV maker’s global expansion and follows its strong performance on the Shanghai Stock Exchange. Seres Group’s Hong Kong listing raises $1. 8 billion at a 22% discount to its Shanghai price, marking the eighth such deal over $1 billion in Hong Kong this year. The company, partnered with Huawei, has delivered over 800, 000 AITO model units, with key models like the M9 setting sales records in premium EV segments. Seres reported Q3 revenue of 110. 53 billion RMB and net profit growth of 31. 56% year-over-year, ranking 190th in China’s top 500 companies. Discover how Seres Group’s $1. 8B Hong Kong IPO fuels EV innovation and global growth. Explore AITO model successes and financial gains driving the luxury NEV leader forward-stay informed on key developments today. What is Seres Group’s Hong Kong IPO and its significance? Seres Group’s Hong Kong IPO involved raising $1. 8 billion.