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China's pony.ai on thursday saw its shares drop over 12%, while rival weride fell nearly 13% as the autonomous driving companies began trading in hong kong Fell on their trading debuts in hong kong after the pair of chinese robotaxi firms battled for investors during … Pony.ai and weride, which are already.
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Pony ai went public in the us just last year, shortly after rival autonomous driving firm weride inc made its us debut Pony.ai raised ~$863m in the secondary offering and weride raised ~$309m — pony ai inc Both companies are now targeting listings in hong kong on thursday, nov 6
Weride is looking to raise as much as hk$3.1 billion in its share sale.
The robotaxi firm’s listing has attracted uber technologies, which was in talks to invest about $100 million in the share sale, bloomberg reported Pony ai went public in the u.s Shares of chinese autonomous driving firms weride and pony ai fell sharply as they began trading in hong kong after raising nearly us$1.2 billion combined Pony ai’s stock dropped almost 11%.
Fell on their trading debuts in hong kong after the pair of chinese robotaxi firms battled for investors during their public offerings, which raised more than $1.1. Shares of pony.ai and weride fell as much as 15% in their hong kong trading debut
