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<IPO>SERES HK IPO Attracts 300+ Institutional Investors: Wire
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SERES (09927.HK), a company partnering with Huawei to develop the electric vehicle brand AITO, has attracted subscriptions from more than 300 institutional investors for its Hong Kong IPO, Bloomberg reported, citing sources.

Excluding cornerstone investors, these subscribers included global long-only funds, sovereign wealth funds, strategic corporate investors, and hedge funds. The retail tranche was also oversubscribed by more than 130 times.

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