New Stock News | WeRide's Hong Kong IPO has been filed with the China Securities Regulatory Commission

On October 14th, the International Cooperation Department of the China Securities Regulatory Commission issued a "Notice on the Filing for Overseas Issuance and Listing of WeRide Inc." WeRide plans to issue no more than 102,428,200 overseas listed ordinary shares and list on the Hong Kong Stock Exchange. According to previous reports, the autonomous driving technology company WeRide has secretly submitted a listing application in Hong Kong. Headquartered in Guangzhou, WeRide officially listed on the NASDAQ in the United States last October, becoming the first global general-purpose autonomous driving company and the first global Robotaxi company. Financial reports show that the company's revenue in the second quarter was USD 17.8 million, a year-on-year increase of 60.8%. The loss per ADS was RMB 1.35 (USD 0.18), compared to RMB 10.11 in the same period of 2024. The net loss for the second quarter was RMB 406.4 million (USD 56.7 million), compared to RMB 413.6 million in the same period of 2024