Shares of two Chinese autonomous driving companies Pony.ai and WeRide both debuted in Hong Kong on Thursday.
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China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong.
Pony.ai
and WeRide
, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in their initial public offerings.
The China-based autonomous driving firms Pony AI and WeRide have both filed with regulators in China to list their shares in Hong…
Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai's listing debut in Hong Kong later in…
Uber-backed groups Pony.ai and WeRide fall as much as 15% as analysts raise concerns about profitability
Shares of China-backed Zhipu made small gains on their Hong Kong debut, following a $558 million initial public offering.
The firm’s optimism reflects its achievement as the only firm to operate robotaxi services in the mainland’s four most developed…
CEO Tony Han talks about Chinese investors, self-driving cars as a social good, and why companies like Uber are turning to…
