Chinese autonomous driving companies Pony.ai and WeRide have obtained approval from the China Securities Regulatory Commission (CSRC), clearing a major hurdle toward pursuing secondary listings on the Stock Exchange of Hong Kong.
Both firms, headquartered in Guangzhou, are already listed on the Nasdaq in the United States — WeRide went public in October 2024, followed by Pony.ai a month later.
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The companies are now following a broader trend of Chinese technology firms seeking dual or secondary listings in Hong Kong to broaden investor access and mitigate regulatory risks tied to U.S. markets.
According to regulatory filings with the U.S. Securities and Exchange Commission, the CSRC issued official notices approving the proposed listings, granting the companies permission to move forward with their plans. The CSRC’s authorization is required for any Chinese firm seeking to list shares overseas.
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Both Pony.ai and WeRide have signaled readiness to proceed with their global offering and Hong Kong listing plans. Citing unnamed sources, Reuters reported that WeRide has engaged Morgan Stanley and China International Capital Corp. as advisors for a dual primary listing and is targeting completion by December. Pony.ai has not disclosed a specific timeline but is expected to move ahead in parallel with WeRide’s offering.
