on Seres Group Co.,Ltd.
SERES Group Debuts on HKEX, Targets Global Growth
On November 5, 2025, SERES Group became the first Chinese luxury new energy vehicle maker to be listed on both the A-share and H-share markets, marking a significant milestone. The company's listing on the Hong Kong Stock Exchange (HKEX) set new records as the largest IPO by a Chinese automaker and the biggest global automaker IPO of the year.
This move provides SERES with an international platform for capital raising and long-term growth, essential for executing its global expansion strategy. The IPO, launched on October 27, attracted substantial investor interest, being oversubscribed by 133 times and raising over HK$170 billion.
Funds will primarily support research and development and the expansion of marketing channels. Featuring cornerstone investors such as the Chongqing Industrial Mother Fund and Schroders, the IPO underlines strong market confidence in SERES' growth prospects.
R. P.
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