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China EV Maker Seres Targets Up to $1.7 Billion in Hong Kong Share Sale

Chinese electric vehicle maker Seres plans to raise as much as HKD 13.2 billion ($1.7 billion) through a Hong Kong public offering, the company said.

Seres intends to sell 100.2 million shares at a maximum price of HKD 131.50 each, equivalent to about $16.92 per share.

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