Hong Kong, Nov 6, 2025 (AFP) - China's robotaxi firms sink on Hong Kong debut

NAMPA / AFP

2025-11-06

Shares in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts Thursday, after raising more than US$1.1 billion, with experts warning China is not yet ready for a mass rollout of robotaxis. The Chinese firms, which listed in New York last year, are looking to expand their foothold abroad with rivals including tech giant Baidu. But their stocks fell more than 10 percent each as they began trading on Hong Kong's stock......

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