25 Sep 2025 | 5 Mins Read
Chery stock jumps 11% in Hong Kong debut
Flipitmoney
Chery Automobile's Hong Kong IPO raised $1.2 billion, with shares trading at HK$34.16, an 11% increase from the IPO price of HK$30.75. Chery sold 242,736 vehicles in August, with 129,472 exported, a 14.6% and 32.3% year-on-year increase. The automaker is expanding in Vietnam, the Middle East, and Europe, despite facing global headwinds from tariffs on Chinese EV imports.