Seres (stock code: 9927.HK) officially commenced trading on the main board of the Hong Kong Stock Exchange today. It has etched its name in history as the first high-end new - energy vehicle enterprise in China to accomplish a dual listing on both 'A' (domestic - traded shares in China) and 'H' (Hong Kong - traded shares) share markets, raising a net amount of HK$14.016 billion in the process. As of the time of the press release, its Hong Kong - listed stock price hovers around HK$126.5, contributing to a market capitalization that is inching close to HK$220 billion. In the first nine months of 2025, Seres reported a revenue of RMB 110.5 billion, accompanied by year - on - year growth in net profit and other key financial indicators. Industry experts are of the opinion that Seres' listing on the Hong Kong stock market is a game - changer. It opens up an international financing avenue, laying a solid foundation for its globalization strategy. Moreover, it offers a blueprint of a 'technology + capital' model for Chinese companies to expand globally. Since the initial public offering, the market has responded with great enthusiasm, drawing in 22 cornerstone investors. At present, Seres has a global presence that spans across multiple continents and countries. Looking ahead, the 'A+H' dual listing platforms are expected to act as a catalyst, further fueling its technological innovation and market expansion. Seres has carved out a niche for itself in the high - end intelligent electric vehicle sector. It has forged a strategic partnership with Huawei to launch the AITO brand, with vehicle deliveries surpassing 800,000 units. The company has also been at the forefront of innovation, introducing a range of cutting - edge technologies and actively exploring emerging fields. Dongguan Securities, in its research report, has given Seres a 'buy' rating. The report highlights that Seres' growth potential in overseas markets is a factor that warrants close attention.