Seres Secures CSRC Filing Clearance, Intends to Debut on Hong Kong Stock Exchange; A-Share Price Soars to All-Time High in Intraday Trading
1 week ago / Read about 0 minute
Author:小编   

This morning, Seres' stock price skyrocketed to its daily upper limit, closing at RMB 163.52 per share. With this, its market capitalization soared to an unprecedented RMB 267.1 billion. In terms of news developments, Seres disclosed last night that it had recently received a notification from the China Securities Regulatory Commission (CSRC) concerning the filing for overseas issuance and listing. The company is set to issue a maximum of 331 million foreign-invested shares (H-shares) for its overseas listing endeavor and is aiming for a listing on the Hong Kong Stock Exchange.