Pony.ai and WeRide Secure Hong Kong Listing Approval Following U.S. IPOs
Chinese autonomous driving technology companies Pony.ai and WeRide have obtained crucial approval from Chinese securities regulators for secondary listings in Hong Kong. Both companies, already trading on Nasdaq, are moving forward with their Hong Kong listing plans as part of a broader trend among Chinese firms seeking dual listings.
Regulatory Green Light for Autonomous Vehicle Listings
Chinese self-driving car technology companies Pony.ai and WeRide have received key approval from Chinese securities regulators to pursue secondary listings on the Hong Kong Stock Exchange, according to regulatory filings reported to the U.S. Securities and Exchange Commission. The China Securities Regulatory Commission, which holds final authority over overseas listings by companies from China, issued notices approving both companies’ proposed listings.