Market Chatter: Pony.ai, WeRide Receive Regulatory Nod for Hong Kong IPOs

MT Newswires Live
10/15

Chinese robotaxi firms Pony.ai and WeRide received regulatory approval to float shares in Hong Kong, the South China Morning Post reported Tuesday.

Both Nasdaq-listed firms plan to issue 1.02 million shares in Hong Kong, with Pony.ai seeking as much as $2.3 billion and WeRide targeting $1.1 billion, the SCMP reported, citing documents published by the China Securities Regulatory Commission.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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