GREAT Wall Motor Co Ltd has raised HK$1.6 billion (US$204.5 million) after selling 151 million shares at HK$10.65 on the Hong Kong Stock Exchange market on Friday, according to the company's statement yesterday.

China's biggest maker of sport utility vehicles has raised HK$3.3 billion through additional share sales since its initial public offering in 2003, boosting the total shareholding capital to HK$1.095 billion with a market value of HK$12.9 billion.