Chery Automobile Co., Ltd. (Ticker: 9973 HK) is a China-based passenger vehicle manufacturer producing a diverse portfolio of internal combustion engine and new energy vehicles under brands including Chery, Omoda, Jetour, Exeed, iCar, and LUXEED. The company plans to list on the Hong Kong Stock Exchange on September 25, 2025, offering 297.4 million shares at an expected price range of HKD 27.75–30.75, seeking to raise HKD 9.15 billion (USD 1.18 billion). A 15% greenshoe option may add 44.61 million shares. At the IPO price range, Chery’s market capitalization is projected between HKD 160.0 billion and HKD 177.3 billion (up to USD 22.8 billion). The IPO consists entirely of primary shares, with proceeds going to the company. The offering is led by underwriters including ABCI Securities, BOCI Asia, CLSA, CMB International, CICC, Futu Securities, GF Securities, and Huatai Financial, with CICC, Huatai, and GF Capital serving as sponsors.