UISEE Officially Lists on Hong Kong Stock Exchange
Gasgoo Munich-UISEE (01511.HK) officially listed on the Hong Kong Stock Exchange on May 20, opening at HK$56 per share with a market valuation of roughly HK$9.09 billion.According to previous announcements, UISEE offered 14.461 million H-shares in its global IPO, with 20% allocated to the Hong Kong public offering and 80% to international investors. Priced at HK$60.3 per share, the global offering raised net proceeds of approximately HK$795.4 million.Image source: Screenshot from EastmoneyUISEE focuses primarily on developing and deploying Level 4 autonomous driving solutions, especially for commercial vehicles in enclosed environments...