The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (May 2026)
Pony.ai shares jumped after the company announced it's increasing its robotaxi fleet target for 2026, after stronger-than-expected 1Q26 revenue...
84 Views
Primer: WeRide (WRD US) - May 2026
Pioneering Autonomous Driving Commercialization: WeRide is a global leader in Level 4 (L4) autonomous driving technology, actively deploying a...
91 Views
Pony AI IPO Lockup - US$4.3bn Lockup Release with Stock at 69x EV/Sales
Pony AI (PONY US) raised around US$260m in its upsized US ADR listing in Nov 2024. The lockup on its pre-IPO investors is set to expire soon.
707 Views
What if China ADRs Are Delisted from US Exchanges?
The escalating tariff wars have increased calls in the U.S for Chinese companies to be delisted. While there have been few mentions of an...
2.2k Views
WeRide Secondary HK Offering - Has Been Trading Up, Given the Valuation Gap
WeRide (WRD US) plans to raise around US$325m in its secondary listing in Hong Kong. In this note we talk about the deal structure and pricing.
672 Views