CHERY AUTO (09973.HK) has set its IPO price at HKD30.75 per share, which is the upper limit of the offer price range of HKD27.75-30.75, Reuters reported, citing sources.Based on the public offering of 297.4 million shares, the company will raise over HKD9.1 billion (USD1.2 billion).(HK stocks quote is delayed for at least 15 mins.)Related NewsPing An Securities Forecasts HK Stocks' Earnings to Rebound in 2H25, Recommends Focus on AI Tech/ Biopharma/ New Consumption. Premium Defensive Assets