HONG KONG -- Chinese automaker Seres Group closed flat Wednesday in its debut on the Hong Kong Stock Exchange, as the company raised 14.2 billion Hong Kong dollars ($1.83 billion) to power the growth of its Huawei-backed vehicle business.
Chinese automaker's fundraising to drive development, overseas expansion for Aito brand

A vehicle from the Aito brand operated by Seres and Huawei. (Photo by Shizuka Tanabe)
HONG KONG -- Chinese automaker Seres Group closed flat Wednesday in its debut on the Hong Kong Stock Exchange, as the company raised 14.2 billion Hong Kong dollars ($1.83 billion) to power the growth of its Huawei-backed vehicle business.