CHERY AUTO (09973.HK)'s Hong Kong IPO, scheduled to open today (17th) and close next Monday (22nd), was fully subscribed shortly after its launch, Bloomberg reported, citing sources.

The car maker plans to issue 297 million H-shares globally with an offer price ranging from HKD27.75 to HKD30.75 per share, aiming to raise up to HKD9.145 billion. It has introduced 13 cornerstone investors for its IPO, including JSC International Investment Fund SPC, HORIZONROBOT-W (09660.HK) 's wholly-owned subsidiary Horizon Together, Martis Fund, L.P., GOTION HIGH-TECH (002074.SZ) 's subsidiary Gotion HK, PSBC (01658.HK) 's wholly-owned subsidiary PSBC Wealth, and XINGYU (601799.SH) 's subsidiary Xingyu HK.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-17 12:25.) (A Shares quote is delayed for at least 15 mins.)