Robotaxi Companies WeRide & Pony.ai Face Market Downturn
Update: 2025-11-06
Description
Despite investor excitement, Chinese robotaxi companies WeRide and Pony.ai faced significant drops in their Hong Kong debut, reflecting broader concerns about a potential bubble in tech stocks and AI sector valuations. Hong Kong, however, remains a leading global IPO destination, with funds generated surging to $23.6 billion in the first nine months of 2021.
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