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Chery Automobile (9973.HK), China’s biggest passenger car exporter, listed on the Hong Kong Stock Exchange on Sept. 25 after raising HK$9.1 billion (US$1.2 billion) in the city’s largest carmaker IPO this year. The company sold 297 million H-shares at HK$30.75 each, with 13 cornerstone investors including Hillhouse’s HHLR…
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Chery Auto Raises US$1.2B in Hong Kong’s Largest Carmaker IPO of 2025
Chery Automobile (9973.HK), China’s biggest passenger car exporter, listed on the Hong Kong Stock Exchange on Sept. 25 after raising HK$9.1 billion (US$1.2 billion) in the city’s largest carmaker IPO this year. The company sold 297 million H-shares at HK$30.75 each, with 13 cornerstone investors including Hillhouse’s HHLR…