Reported about 7 hours ago
Chinese autonomous vehicle company WeRide is preparing to raise approximately $308 million through a share sale in Hong Kong, pricing shares at HK$27.10 each. The company plans to sell 88.3 million shares and has engaged Morgan Stanley and China International Capital Corp for the listing. This move comes in response to increased investor interest in mobility technologies and amidst concerns over potential delistings of Chinese firms from U.S. exchanges.
Source: YAHOO