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HKG:2026 6 November 2025 - 4 January 2026

WeRide (0800.HK) and Pony.ai (2026.HK) sink on Hong Kong debut as IPO wave tests robotaxi stocks

WeRide (0800.HK) and Pony.ai (2026.HK) sink on Hong Kong debut as IPO wave tests robotaxi stocks

WeRide and Pony.ai shares fell about 10% and 9% respectively in their Hong Kong trading debuts Thursday, despite raising a combined HK$9.1 billion (US$1.17 billion). Both listings faced heavy IPO competition and doubts over the profitability of autonomous-driving firms. WeRide trades as 0800, Pony.ai as 2026. Hong Kong’s IPO market has surged in 2025, but first-day returns remain mixed.
6 November 2025
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Stock Market Today

  • Actor Niko Foster lists Nevada mansion for $22 million
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Latest articles

Rocket Lab Stock Gets Hit Before The Open As $3 Billion Share-Sale Plan Lands In SpaceX IPO Week

Rocket Lab Stock Gets Hit Before The Open As $3 Billion Share-Sale Plan Lands In SpaceX IPO Week

21 May 2026
Rocket Lab filed to sell up to $3 billion in common stock, sending shares down to $126.75 in premarket trading from Wednesday’s $134.28 close. The move comes as SpaceX filed for a public IPO, raising valuation pressure across the sector. Rocket Lab’s year-to-date gain stood near 92% before the late-Wednesday announcement. The company reported $200.3 million in Q1 revenue and a $2.2 billion backlog.
Snowflake Heads Toward $205 BofA Level Before Earnings Next Week

Snowflake Heads Toward $205 BofA Level Before Earnings Next Week

21 May 2026
Snowflake shares fell 1.5% to $166.97 in early Thursday trading after Bank of America raised its price target to $205 and reiterated a Buy rating ahead of fiscal Q1 results due May 27. RBC cut its target earlier this week, highlighting ongoing competition in data and AI. Snowflake previously guided for Q1 product revenue of $1.262–$1.267 billion, up 27% year-over-year.
Arm jumps in premarket on AI chip hopes

Arm jumps in premarket on AI chip hopes

21 May 2026
Arm Holdings shares closed Wednesday at $256.73, up 15.05%, after Bernstein’s David Dai initiated coverage with an outperform rating and a $300 target, citing rising demand for server CPUs driven by agentic AI. The stock touched $259.44 during regular trading. U.S. markets were open; May 21 is not a listed exchange holiday. Arm’s AGI CPU has over $2 billion in expected demand for fiscal 2027 and 2028.
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