EasyControl Autonomous Driving Lists on Hong Kong Stock Exchange, Raises HK$2.298 Billion Amid 22x Oversubscription

According to Zhitong Finance, EasyControl Autonomous Driving (07687) officially listed on the Hong Kong Stock Exchange's main board today (July 8), raising HK$2.298 billion through an offering price of HK$87.92 per share. The global offering comprised 26.132 million H shares.

The offering garnered strong institutional demand, with overall oversubscription reaching 22 times or more (excluding cornerstone investors) and institutional orders totaling approximately HK$20.6 billion. Public offering recorded 158 times oversubscription. By 2025 revenue, EasyControl ranked first in China's commercial vehicle autonomous driving market, with total revenue growing from RMB 271 million in 2023 to RMB 1.435 billion in 2025, representing a compound annual growth rate of 130.2%.