SAIC-GM-Wuling (09927.HK) listed on the Hong Kong stock market today, raising HK$14 billion, becoming the "first A+H luxury new energy vehicle company".
According to the Financial Channel APP, on November 5th, SLAC (09927.HK) was officially listed on the main board of the Hong Kong Stock Exchange. This move means that SLAC has become the first domestic luxury new energy vehicle company to be listed in both the "A+H" markets. The net proceeds from this fundraising amount to 14.016 billion Hong Kong dollars, making it the largest IPO of a Chinese car company to date, and the largest global IPO of a complete vehicle company since 2025.
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