Reported about 9 hours ago
Pony AI, a Chinese autonomous driving firm, plans to price its Hong Kong initial public offering (IPO) at HK$139 ($17.90) per share, aiming to raise HK$6.7 billion ($862 million) by issuing 6.3 million additional shares. This price reflects a 4.2% discount compared to its last close on Nasdaq. The official pricing will be announced later on Monday, with trading set to begin on November 6.
Source: YAHOO