Pony Ai and WeRide stocks dropped on Thursday as the Chinese autonomous driving developers started trading in Hong Kong, after raising nearly $1.2 billion in share offerings.Pony Ai's share price slid ...
China’s robotaxi firms Pony.AI and WeRide sink on Hong Kong debut
SHARES in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts on Thursday, after raising more than US$1.1 billion, with experts warning China is not yet ready for a ...
Typhoons damage 20% of Hong Kong Covid isolation cubicles, reuse plans under way
Development Bureau says modules will be repaired and reused at construction sites of future public works projects.
China’s Pony.ai sees shares drop 12% as autonomous driving firm debuts in Hong Kong
China's Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed ...
WeRide Lists on Hong Kong Stock Exchange, Becoming World’s First Publicly Traded Robotaxi Company in Hong Kong and US
WeRide (HKEX: 0800.HK, NASDAQ: WRD), a global leader in autonomous driving technology, today announced its successful listing on the Stock Exchange of Hong Kong Limited (HKEX) under the stock code ...
Nothing stands in Pony.ai’s way as firm lists in Hong Kong, CEO James Peng says
Hong Kong listing broadens investor base as the autonomous-driving company expands robotaxi services in mainland and abroad, founder says.
Hong Kong Developer Plans Creditor Haircuts in Bid to Shore Up Finances
Hong Kong plans to ease rules to encourage crypto trading activity in the city. Crypto trading platforms licensed by the Hong Kong Securities and Futures Commission will be allowed to connect local ...
Hong Kong Laureate Forum kicks off as city woos global science talent
The second edition of the Hong Kong Laureate Forum began on Wednesday, bringing together Shaw Prize winners and 200 young researchers as part of a major push to establish the city as a global hub for ...
Hong Kong police arrest 80 suspects linked to one of the biggest crypto frauds in city
Those arrested include social media influencers who allegedly assisted in the promotion of the scam. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong arrests 80 in one of its biggest crypto frauds
Hong Kong police arrest dozens over the HK$1.6B JPEX crypto fraud, targeting investors with illegal cryptocurrency schemes and asset laundering.
China pins hopes on Olympic star for ‘high quality’ Hong Kong democracy
An Olympic gold medallist and other younger faces are entering upcoming elections in Hong Kong as China strives to shore up the legitimacy of the city's legislature even though it vets all prospective ...
Hong Kong freezes $354 million in assets linked to Cambodian tycoon accused of running forced labour camps
Authorities in Hong Kong have frozen assets worth $354 million tied to Cambodian businessman Chen Zhi’s Prince Holding Group, after US prosecutors accused him of operating forced labour compounds and ...
Hong Kong freezes US$354 million of assets tied to Prince Group syndicate
The Prince Group syndicate, run by Chinese-Cambodian tycoon Chen Zhi, is accused of operating large-scale online "scam centres" that used trafficked workers to defraud victims around the world.
Half-conscious Hong Kong driver sent to hospital after car crashes into truck
A Hong Kong driver has been taken to hospital in a half-conscious state after he allegedly lost control of his private car and hit a truck parked by the road in Kwai Chung.