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Caixin Global
Caixin Global
Business
Gu Zhaowei

INSANE: Tech brief oct 27 huawei ev partner seres unveils hong kong ipo plan - The Real Truth

Huawei EV partner Seres unveils Hong Kong IPO plan

Seres Group Co. Ltd., an electric vehicle partner of Huawei Technologies Co. Ltd., announced in a Hong Kong Stock Exchange filing on Oct. 27 that it plans to globally issue 100.2 million H-shares for its listing in the city. The final number is subject to an overallotment option. The offer price will not exceed HK$131.50 ($16.85) per share, and trading is expected to begin on Nov. 5.

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