Seres Group announces H-share listing details and HK$131.50 price cap

Seres Group Co., Ltd. has announced key details regarding its H-share listing on the Main Board of The Stock Exchange of Hong Kong Limited. The company has published its H-share prospectus and set the maximum offer price at HK$131.50 per H share. The Hong Kong public offering is scheduled to begin on October 27, 2025, and conclude on October 31, 2025, with the final offer price expected to be announced by November 3, 2025.

The global offering will initially comprise 100,200,000 H shares, with 10,020,000 shares (10.00% of the total) allocated to the Hong Kong public offering and 90,180,000 shares (90.00% of the total) to the international offering, subject to reallocation and the exercise of the over-allotment option. The company may issue up to an additional 15,030,000 H shares to meet further demand and, if the over-allotment option is fully exercised, the maximum number of H shares issued in the global offering could reach 132,514,500.

Trading of Seres Group's H shares is anticipated to commence on the Hong Kong Stock Exchange on November 5, 2025. This move follows the China Securities Regulatory Commission's confirmation of the filing for the overseas issuance and listing.