--- title: "Pony.ai and WeRide IPO in Hong Kong, Shares Drop Over 10%" description: "Pony.ai and WeRide IPO in Hong Kong, Shares Drop Over 10%November 6, 2025 – Chinese L4 autonomous driving leaders Pony.ai (2418.HK) and WeRide (2417.HK) listed on the Hong Kong Stock Exchange today. Both saw shares fall over 10% shortly after debut.IPO DetailsPony.ai: Raised HK$1.86B (~US$239M) at HK$100/share; opened at HK$98.50, hit HK$88.WeRide: Raised HK$1.03B (~US$132M) at HK$99.80/share; opened at HK$98, fell to HK$87.50.By midday: Pony.ai ~HK$89 (-11%), WeRide ~HK$88 (-12%).Market ReactionOfferings moderately oversubscribed.Decline amid Hang Seng drop (1.8%), U.S. election uncertainty, and valuation concerns.Post-IPO valuations: Pony.ai HK$41.5B (US$5.3B), WeRide HK$23.3B (US$3B).Company HighlightsCompanyFoundedKey BackersOperationsPony.ai2016Toyota, GAC200+ robotaxis, 15M+ kmWeRide2017NVIDIA, BoschServices in 30+ citiesBoth operate robotaxis in Beijing, Guangzhou, and Shenzhen; full L4 rollout awaits broader approval.OutlookCEOs remain bullish on commercialization. Hong Kong solidifies role as tech IPO hub despite cautious global sentiment on autonomous driving." url: "https://motorwatt.com/community/community-groups/fsd-vanguard/videos/pony-ai-and-weride-ipo-in-hong-kong-shares-drop-over-10" date: "2026-05-17T03:59:20+00:00" language: "en-GB" --- Loading cover... Drag cover to reposition [ ![FSD Vanguard](https://motorwatt.com/media/COMMUNITY/avatars/group/58/5f18882f8b20e234ba2500e58e2949f6_square.jpg) ](https://motorwatt.com/javascript:void(0);) # [ FSD Vanguard](https://motorwatt.com/community/community-groups/fsd-vanguard "FSD Vanguard") - [ General ](https://motorwatt.com/community/community-groups/categories/general) - [ Public ](https://motorwatt.com/javascript:void(0);) - [ 2 Members ](https://motorwatt.com/community/community-groups/fsd-vanguard/members) - [ 10142 ](https://motorwatt.com/javascript:void(0);) - [ Join](https://motorwatt.com/javascript:void(0);) [ ](https://motorwatt.com/javascript:void(0);) [Timeline](https://motorwatt.com/community/community-groups/fsd-vanguard) [About](https://motorwatt.com/community/community-groups/fsd-vanguard/info) [ Members ](https://motorwatt.com/community/community-groups/fsd-vanguard/members) [ Albums ](https://motorwatt.com/community/community-groups/fsd-vanguard/albums) [ Videos ](https://motorwatt.com/community/community-groups/fsd-vanguard/videos) [ Events ](https://motorwatt.com/community/community-groups/fsd-vanguard/events) [ Marketplace ](https://motorwatt.com/community/community-groups/fsd-vanguard/marketplace) [ More ](https://motorwatt.com/javascript:void(0);)- [ Discussions ](https://motorwatt.com/community/community-groups/fsd-vanguard/discussions "Discussions") - [ Feeds ](https://motorwatt.com/community/community-groups/fsd-vanguard/feeds "Feeds") - [ Files ](https://motorwatt.com/community/community-groups/fsd-vanguard/files "Files") - [ Announcements ](https://motorwatt.com/community/community-groups/fsd-vanguard/announcements "Announcements") - [ Polls ](https://motorwatt.com/community/community-groups/fsd-vanguard/polls "Polls") - [ Tasks ](https://motorwatt.com/community/community-groups/fsd-vanguard/tasks "Tasks") [← Back To Videos](https://motorwatt.com/community/community-groups/fsd-vanguard/videos) [Done](https://motorwatt.com/javascript:void(0);) [x](https://motorwatt.com/javascript:void(0); "Click here to revert to original thumbnail") ![](https://motorwatt.com/media/COMMUNITY/videos/469/704b27084030f0e97ce3ce3e5953e9e5.jpg) Play video and select frame to capture or upload thumbnail [ Play ](https://motorwatt.com/javascript:void(0);) [ Capture ](https://motorwatt.com/javascript:void(0);) [ Upload Own Image ](https://motorwatt.com/javascript:void(0);) # Pony.ai and WeRide IPO in Hong Kong, Shares Drop Over 10% By [ Alex Garin](https://motorwatt.com/community/electromobili "Alex Garin") in [Technology](https://motorwatt.com/community/community-groups/fsd-vanguard/videos/categories/technology) 1413 views 6th Nov, 2025 Video Duration: N/A **Pony.ai and WeRide IPO in Hong Kong, Shares Drop Over 10%** **November 6, 2025** – Chinese L4 autonomous driving leaders Pony.ai (2418.HK) and WeRide (2417.HK) listed on the Hong Kong Stock Exchange today. Both saw shares fall over 10% shortly after debut. **IPO Details** - **Pony.ai**: Raised HK$1.86B (~US$239M) at HK$100/share; opened at HK$98.50, hit HK$88. - **WeRide**: Raised HK$1.03B (~US$132M) at HK$99.80/share; opened at HK$98, fell to HK$87.50. **By midda**y: Pony.ai ~HK$89 (-11%), WeRide ~HK$88 (-12%). **Market Reaction** - Offerings moderately oversubscribed. - Decline amid Hang Seng drop (1.8%), U.S. election uncertainty, and valuation concerns. - Post-IPO valuations: Pony.ai HK$41.5B (US$5.3B), WeRide HK$23.3B (US$3B). **Company Highlights** | Company | Founded | Key Backers | Operations | |---|---|---|---| | Pony.ai | 2016 | Toyota, GAC | 200+ robotaxis, 15M+ km | | WeRide | 2017 | NVIDIA, Bosch | Services in 30+ cities | Both operate robotaxis in Beijing, Guangzhou, and Shenzhen; full L4 rollout awaits broader approval. **Outlook** CEOs remain bullish on commercialization. Hong Kong solidifies role as tech IPO hub despite cautious global sentiment on autonomous driving. --- **People In This Video** No users are tagged in this video --- [ ![](https://motorwatt.com/media/COMMUNITY/videos/468/704b27084030f0e97ce3ce3e5953e9e5.jpg) Previous Xpeng's 2025 AI Day ](https://motorwatt.com/community/community-groups/fsd-vanguard/videos/xpengs-2025-ai-day) [ Next WeRide and Geely Farizon Partner to Deliver 2,000 Robotaxi GXRs in 2026 ![](https://motorwatt.com/media/COMMUNITY/videos/506/704b27084030f0e97ce3ce3e5953e9e5.jpg) ](https://motorwatt.com/community/community-groups/fsd-vanguard/videos/weride-and-geely-farizon-partner-to-deliver-2-000-robotaxi-gxrs-in-2026) --- - [ Share](https://motorwatt.com/javascript:void(0);) - [Embed](https://motorwatt.com/javascript:void(0);) 0 0 0 0 0 0 [ ](https://motorwatt.com/javascript:void(0);) Comments (0) ## Other Videos N/A [ ](https://motorwatt.com/community/community-pages/tesla-news/videos/tesla-semi-2026-update-production-begins-now-new-order-of-wattev?from=listing) [Tesla Semi 2026 Update: Production Begins Now! 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