News Summary

Chinese autonomous driving technology companies Pony.ai and WeRide have received approval from China’s Securities Regulatory Commission for secondary listings on the Hong Kong Stock Exchange. Currently listed on the Nasdaq Exchange in the U.S., both companies aim to raise capital through their Hong Kong listings amid concerns about potential delisting from U.S. markets. WeRide has engaged Morgan Stanley and China International Capital Corp to assist with the listing, which is expected to be completed by December.