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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

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 in fresh capital. The weak start comes amid a rush of new listings and lingering doubts about the near‑term profitability of autonomous‑driving businesses. Reuters

Stock Market Today

  • Stocks Jump in H1 2026; AI Chipmakers Lead Market Higher
    June 30, 2026, 3:25 PM EDT. U.S. stocks pushed sharply higher in the first six months of 2026. The Dow was up 8.9%, S&P 500 gained 9.4%, and Nasdaq climbed 12.5% over the period. Analysts said strong corporate earnings and steady consumer spending supported the gains, even with inflation and global worries in the background. Job growth averaged 114,000 per month, helping boost business and consumer spending. AI chipmakers Micron and Sandisk surged 300% and 800%, far outpacing losses in major tech names like Meta, Tesla, and Nvidia. 'This year's rally looks grounded in solid economic fundamentals, not hype,' said strategist Ed Yardeni.
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