WeRide (0800.HK) and Pony.ai (2026.HK) sink on Hong Kong debut as IPO wave tests robotaxi stocks
Nov 6, 2025 — Hong Kong Chinese robotaxi developers WeRide and Pony.ai stumbled out of the gate in Hong Kong on Thursday, with both stocks sliding around 10% in early dealings despite raising a combined ~HK$9.1 billion (US$1.17 billion) in fresh capital. The weak start comes amid a rush of new listings and lingering doubts about the near‑term profitability of…