As of press time, Seres was down 4.79 percent in Hong Kong morning trading, with a market capitalization of HK$217 billion ($27.9 billion).
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Category: Seres
Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.
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Seres' net income for the first three quarters totaled RMB 5.31 billion, representing a 31.56 percent increase compared to the same period last year.
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Seres plans 1.7B USD Hong Kong IPO, sets offer price at 131.50 HKD.
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Seres submitted its application for a Hong Kong IPO in April, aiming to advance its global expansion and establish an international capital operation platform.
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The four-seat version of the Aito M9 flagship full-size SUV from Huawei and Seres was launched in China with a starting price of 78,710 USD.
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The Aito M9, one of the highest-priced models from a Chinese automaker, now offers 4-, 5-, and 6-seat configurations.
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The updated M7 starts at RMB 279,800 ($39,350) and offers both BEV and EREV options.
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Three Aito crossovers from Huawei and Seres debuted at the IAA Mobility 2025 in Munich, hinting at the European launch.
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The all-new Aito M7's price starts at 40,300 USD, available in BEV and EREV variants.
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