UISEE IPO Starts Today: To Become China's 'First Full-Scenario L4 Autonomous Driving Stock'

UISEE has launched its Hong Kong IPO, with subscriptions running through May 15.

The company plans to list on the Hong Kong main board on May 20 under stock code 1511.

It expects to raise more than HK$870 million by issuing 14.46 million H-shares.

Several cornerstone investors, including Xiong'an state-owned assets, 58 Group and Starstone Wealth, are backing the deal.

The listing gives investors a public-market way to play China’s autonomous driving sector, especially airport and industrial use cases.