Autonomous driving company Pony AI Inc announced its listing on the main board of the Hong Kong Stock Exchange. In this Hong Kong IPO, the company fully exercised its over-allotment option, issuing approximately 48.25 million shares, with total proceeds reaching HK$7.7 billion after the greenshoe. This marks the largest IPO in the autonomous driving sector in 2025.

In November 2024, Pony AI Inc successfully listed on the Nasdaq under the ticker "PONY." The Hong Kong listing establishes a dual-primary listing structure for the company, enhancing cross-market synergy in pricing mechanisms, liquidity sources, and investor diversification. It also lays the groundwork for potential inclusion in the Stock Connect program to attract mainland investors.

Founder and CEO James Peng stated: "After nearly nine years of persistence and exploration, Pony AI stands at the dawn of large-scale commercialization of autonomous driving. Our technological advancements, real-world deployments, and ecosystem development are now coming to fruition. The Hong Kong listing is a pivotal step in our global capital strategy and a milestone for expanding our global market presence and partnerships."