SERES Officially Listed on HKEX: A New Era for Chinese Electric Vehicles

SERES Officially Listed on HKEX: Accelerating Global Expansion

On November 5, 2025, SERES Group (stock code: 9927.HK) was officially listed on the main board of the Hong Kong Stock Exchange (HKEX), marking a historic moment as the first Chinese premium electric vehicle manufacturer to be simultaneously listed on both A-share and H-share markets. This remarkable event represents the largest initial public offering (IPO) ever conducted by a Chinese automotive company and the largest IPO in the sector worldwide since the start of the year.

The successful listing on the HKEX provides SERES with a fresh international platform to raise capital and support long-term growth, along with establishing a robust base for its global strategy. More importantly, it sets a new benchmark for Chinese automotive manufacturers aiming to expand internationally by combining technological innovation and financial acumen.

Since its introduction to the HKEX on October 27, investor enthusiasm has surged significantly. The Hong Kong IPO was oversubscribed by 133 times, raising over HKD 170 billion. Approximately 70% of the proceeds will be allocated to research and development, while about 20% will focus on diversifying marketing channels, expanding overseas sales, and enhancing charging network services.

This significant backing from key investors, including the Chongqing Industrial Investment Fund, Linyuan Fund, GF Fund, Schroders, China Post Wealth, and Xingyu Hong Kong, is indicative of global financial markets’ recognition of SERES’ growth prospects and quality of development. Such overwhelming support is expected to lead to a reevaluation of the company’s value and establish a new reference for investment valuation, thereby solidifying its capital-raising capacity and profitability.

SERES is a major player in China’s high-end new energy vehicle sector and is already expanding its global footprint by offering its products in various countries across Europe, the Middle East, the Americas, and Africa. In Europe alone, SERES has penetrated significant markets like Norway, Germany, the UK, and Switzerland during its initial phase of global expansion.

Driving Technological Innovation
Focusing on intelligent premium electric vehicles, SERES has specialized in this rapidly growing market segment. To date, the AITO range—which includes models like the M9, M8, M7, and M5—has garnered substantial market recognition, with total deliveries surpassing 800,000 units, reflecting strong customer trust.

Committed to redefining luxury through intelligence, SERES invests heavily in technological innovation to produce software-defined vehicles. Its robust technical competency is built upon innovations such as the MF technology platform, range-extending technologies, and intelligent safety measures.

Looking ahead, SERES plans to further scale its software-defined vehicles while fueling its growth with innovations that stem from user needs, positioning the company prominently on the global stage. The firm is set to consolidate its leadership in the premium electric vehicle segment, paving the way for a new paradigm of quality development within the Chinese automotive industry.

In summary, SERES's successful listing on the HKEX symbolizes not just a corporate milestone, but a substantial shift in the landscape of Chinese electric vehicle manufacturers as they embrace international markets and innovation. With a clear strategy and a robust product lineup, SERES is poised to disrupt the automotive industry and deliver exceptional value to its customers worldwide.